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Poland Consulting on Various Corporate Tax Amendments

06 July 2022

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Proposed Changes

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Poland

Poland's Ministry of Finance has announced the launch of a public consultation on draft legislation amending the Corporate Income Tax Act and certain other acts. This includes: Modification and postponement of the entry into force of the new minimum income tax provisions by one year, along with an increase in the profit level indicator to 2%, the introduction of an alternative method for establishing the minimum tax base, and an extended list of exempt entities; Repeal of the provisions on the so-called "hidden dividend" regulations; Changes to the regulations on controlled foreign companies (CFCs), including provisions to eliminate double or...