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PIT: Bad debt relief in income tax for natural persons

by | 06/11/2022

Bad debt relief in PIT (Article 26i of the PIT Act) is a reduction of the tax base by the value of unpaid debts or increasing this base by the value of paid liabilities. In these cases, it is about remuneration for the delivery of goods or the performance of a service...

PIT tax: Pro-growth tax relief (relief for expansion)

by | 25/09/2022

The pro-growth tax relief, also known as the expansion relief, is addressed to taxpayers engaged in non-agricultural business activities. Pursuant to Art. 26gb of the PIT Act, the entrepreneur may deduct from the tax basis the tax deductible costs incurred in order to...

Currency rate for converting withholding tax

by | 31/07/2022

In the case of a deduction from CIT for payment in Poland of withholding tax paid in Brazil, to specify the amount of the deduction, the applicant should consider the date of payment of the tax as the date of the transfer by the payer in the local currency to the...