Tag: Tax
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Poland Endorses Look-through Approach to Withholding Tax
Foreign companies investing in Poland typically face withholding tax obligations. However, if they can establish themselves as beneficial owners, they might qualify for a reduced tax rate or even a complete exemption under double taxation treaties and local laws. Although Polish legislation provides a definition of “beneficial owner”, it is quite broad. To remedy this, …
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Launch of Poland’s National e-Invoicing System
Poland’s National e-Invoicing System (KSeF) is an IT platform designed for issuing, transmitting, receiving, and storing invoices. This system represents a revolutionary change in the way invoices are issued in Poland. Its introduction will give tax authorities much faster and easier access to information on business transactions. Invoices issued and stored in KSeF are uploaded to a …
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Remote Work in Poland: Beware the Hidden Tax Trap
Foreign companies deciding to employ staff in Poland under a remote-work model must be aware of the risk in creating a permanent establishment (PE) in Poland. If such an establishment arises, the company is obliged to calculate and pay corporate income tax in Poland on the profits attributable to that establishment, which creates additional compliance …
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