Executive summaryOn 4 September 2020, Poland’s Council of Ministers announced a bill amending the corporate income tax (CIT) rules, which may have far-reaching consequences for various businesses in Poland. The proposed amendments cover a wide array of tax aspects including taxation of partnership, tax deductibility of debt financing costs, the application of tax amortization and transfer pricing rules. The exact scope and wording of the bill has not been published yet, but it is expected that the bill will still be adopted in 2020 and the changes will come into force on 1 January 2021.Detailed discussionWhile the first draft of the...