Author: ts_pm

There are only a few days left for changing the form of taxation and choosing a flat rate – paid on revenues. This year, there is a new, higher than before, revenue limit that enables PIT settlement in this way. Almost everyone can choose the flat-rate taxation. However, keeping the taxation on general rules will in many cases be more profitable.

Experts from the tax advisory team dealing with income taxes, lawyers Aneta Skowron and Jacek Olczyk, comment on this issue in today's tax topic of the day on Prawo.pl.

In the case of which professions will the flat-rate taxation be the best solution now ? Who can apply it? For whom can this form of taxation be particularly profitable now and when is it better to keep the general rules of taxation? We invite you to read an article by Krzysztof Koślicki: https://www.prawo.pl/podatki/ryczalt-od-przychodow-wybor-formy-opodatkowania-w-2021-roku,506541.html

 

In the era of the pandemic, many companies decide to cover the costs of COVID-19 infection or antigens tests for their employees and associates. In order to charge such expenses to tax-deductible costs, several conditions must be met. What should attention be paid to? These issues are commented on by Mateusz Pietranek and Aneta Skowron from the GWW income tax team in an article published on the Prawo.pl website.

The whole text is available at: https://www.prawo.pl/podatki/testy-na-covid-19-i-przeciwciala-jako-koszt-uzyskania-przychodow,506381.html 

Starting from 2021, some taxpayers will be required to prepare and publish reports on the implementation of their tax strategy for 2020. The deadline for publication of such a document elapses on 31 December this year. In the event of failure to comply with this obligation, taxpayers may be subject to a fine of even up to PLN 250,000.

During the Biznes na Czasie Conference − Tax Policy − new obligations in 2021 we will discuss the following issues :
✔ The latest trends in activities of tax authorities
✔ Amendment to the provisions of the Corporate Income Tax Act – new obligations for taxpayers
✔ Time limits – first obligations in 2021
✔ Tax Strategy – what exactly should be published?
✔ Consequences of failure to comply with the new obligations
✔ Tax Policy – a basic instrument for managing the area of ​​tax settlements
✔ Penal-fiscal liability versus the application of the Tax Policy

 

DATE:
18 February at 1:00 p.m.

LINK TO ONLINE TRANSMISSION:
https://www.youtube.com/watch?v=yKurdmt8edU&feature=youtu.be&ab_channel=G2AArena 

The discussions will be chaired by experts from the GWW tax advisory team: Piotr Świstak, lawyer, Michał Taranowicz, Grzegorz Rozbrój, attoneys-at-law

The event is organized by G2A Arena.

A limited liability company may start its business activity even before being entered into the National Court Register. It is then considered as a company in organization. It does not yet have legal personality but may incur obligations on its own behalf. What are the rules of liability for such obligations in these circumstances?

An article by Marcin Borkowski, Ph.D., has been published as part of the Academy of Economic Law in today's edition of Dziennik Gazeta Prawna.

Starting from this year, selected taxpayers will be required to prepare and publish a report on the implementation of the tax strategy for 2020. The time limit for publishing this document expires on 31 December this year. Failure to comply with the above obligation will be punished with a sanction of up to PLN 250,000.

Notwithstanding the reporting obligation that applies to a selected group of taxpayers, the implementation of the Tax Policy minimizes the risk of penal fiscal liability of members of the management board and persons in charge of corporate finances. Moreover, the Tax Policy aranges in order taxpayer's procedures used previously, so as to ensure proper calculation of tax liabilities, and it introduces additional mechanisms enabling identification and assessment of tax risk in relation to planned business operations.

We recommend that you start taking measures aimed at proper securing of the process of calculating tax liabilities in order to be able to implement required procedures before the reporting obligations become effective. Therefore, we invite you to a webinar, during which we will discuss the new information obligations and answer your questions.

WEBINAR: Tax Strategy/Tax Policy – new information obligations | 2 February at 10.00 a.m.
E-mail registration is required: martyna.lipinska@gww.pl

Experts holding the meeting: Piotr Świstak, lawyer, Michał Taranowicz, attorney-at-law, Grzegorz Rozbrój, lawyer.

Taxpayers are still not sure how to settle medical services in terms of VAT purposes. Statutory regulations are not precise. Therefore, there are numerous disputes with the tax office. The latest example concerns preventive medical examinations of drivers. This service can be tax-exempt, but only if it is the employer who refers to the examination.

COMMENTARY by Małgorzata Militz, supervisor of the VAT proceedings team in Krzysztof Koślicki's article on Prawo.pl

Link to the whole article: https://www.prawo.pl/podatki/zwolnienie-z-vat-badan-profilaktycznych-i-uslug-medycznych,506139.html 

We have prepared a short alert presenting solutions included in the amendment to the COVID-19 Act, which are crucial for businesses.

We encourage you to read it and contact our advisors, if you have any questions or doubts.

Road maintenance contracts are not always complex services and are not always taxed at the 23% rate.

A typical winter picture: a plow removing snow off the road. Usually at the request of the General Directorate for National Roads and Motorways (GDDKiA) or a local government. It may turn out, however, that two similar plows removing a layer of snow of similar thickness on two similar roads may be taxed differently: at 8 or 23% VAT.

COMMENTARY by Małgorzata Militz, VAT expert, in an article in Rzeczpospolita.

Road maintenance companies have had problems with charging VAT on such services for a couple of years.

– When contracts concluded with GDDKiA or local governments did not relate to the provision of the "keep the road standard" services, different VAT rates were applied to particular types of services. Tax and audit authorities were of a different opinion and classified these services as comprehensive ones, thus requiring 23% rate taxation – says the expert. She adds that in practice, these contracts and the nature of services were not analyzed. After all, this is a very diverse matter. In these circumstances, the published explanations are very valuable – comments Małgorzata Militz.

What VAT rate applies to a road maintenance contract – VAT – rp.pl

 

According to the government's draft amendment to the Anti-Money Laundering Act (AML), the status of an obliged entity will also be assigned to persons trading in works of art and intermediaries in such trading. Aldona Leszczyńska-Mikulska, supervisor of the GWW advisory practice for individual clients, writes about the reasons for this amendment and about connections between the world of art and money laundering.

The article was published on the Lexplorers legal portal: Fine arts and dirty money – art galleries will verify their clients (lexplorers.pl)

A first GWW webinar with the participation of the Landscape Architecture Association is now over. The training was held by: Joanna Sebzda-Załuska and dr inż. arch. Magdalena Zienowicz, Ph. D. in Architecture Engineering. We would like to thank you for the time spent together and during which we had the chance to exchange valuable experiences and knowledge.

Another meeting in cooperation with the Landscape Architecture Association will take place in March, we will soon publish the training date. You are welcome to participate.