Month: June 2017

We are pleased to announce that GWW’s tax practice has won awards in Rzeczpospolita’s ranking of tax consultancy firms, for:

•    its INNOVATIVE SOLUTION regarding the IT module system for tax information management known as “e-SHIP by GWW”, which supports companies in fulfilling their obligations towards the tax authorities and automates tax processes;

•    its HIGH-PROFILE WINS IN COURT and its development of a favourable line of ruling, which consequently does not allow the limitation period to be suspended in hundreds of proceedings.

We are particularly proud of the award in the first category – “Innovative solution” – because the ranking committee assessed the leading IT solutions available today on the Polish market which support the process of settlement and reporting of tax obligations. We therefore competed with the biggest law and tax firms, including the Big Four and their top IT tools developed for tax purposes.

Value of the “e-SHIP by GWW” system for clients
1.    A reduction of tax services costs in financial and accounting departments.
2.    A decreased tax risk as a result of being able to get information quickly in any given area of a firm’s operations that have an influence on its tax settlements, ongoing inspection of VAT and ledger records (crucial for avoiding participation in tax frauds).
3.    Automation of many control functions which were hitherto based on the “sample” choice principle on account of their scope/scale.

The possibilities of “e-SHIP by GWW”
•    Anticipates the results of a tax inspection;
•    Makes tax risk management more efficient;
•    Eliminates tax risks;
•    “Learns new rules and obligations” in real time;
•    Effectively cooperates with existing IT systems.

Tomasz Krzywański came third in the “Best speaker” category in the nationwide Polish Arbitration Competition organised by the Court of Arbitration at the Lewiatan Confederation (Poland’s most influential business organisation, representing the interests of employers in Poland and the European Union). It affiliates over 4,100 companies employing a total of over 1 million. It is the only Polish employers’ organisation to have its representative office in Brussels and to belong to BusinessEurope.

Furthermore, the Team with Tom in it finished in the top eight best teams. Congratulations, Tom!

The Lewiatan Arbitration Competition is a moot court type competition and enjoys popularity in Anglo Saxon countries. It involves competitions which are based on simulated court and arbitration proceedings. It is one of the biggest and most high-profile events of its kind in Poland. It has two stages: a written one (participants must prepare a statement of claim and statement of defence) and an oral one (participation in a simulated arbitration hearing), and lasts almost six months (this year’s competition was from February to June 2017).

Participants – trainee solicitors from all over Poland – play the parts of parties’ attorneys ad litem, draw up a strategy for conducting the case, prepare pleadings and represent parties during simulated hearings.

Archicom, a quoted company, entered into preliminary agreements for the acquisition of nearly 80% of mLokum’s shares from mBank for PLN 87.6 million. The transaction is to be completed in two stages. One part of the transaction – i.e. PLN 32.8 million – will be financed with the developer’s own funds.

The transaction was drafted by attorneys Paweł Wójcik and Elżbieta Kamińska.

The transaction was preceded by an audit carried out by a GWW team consisting of 6 members – including corporate law and real estate law experts and lawyers providing professional services related to the investment and development process.