Tax authorities make restructuring more difficult, even in the midst of the pandemic

As of 1 January 2021, settlement of losses following a takeover of a company or an organized part thereof will be more complicated and sometimes even impossible. What is worse, imprecise regulations may result in disputes with tax authorities.

Commentary by Mateusz Pietranek, a tax advisor from GWW's income tax team, can be found in Dziennik Gazeta Prawna.

– as of 1 January 2021, changes in CIT and PIT will affect restructuring in three areas:

• loss settlement,
• transactions of sale of shares and stocks in real estate companies, and
• the new obligation to publish information on the implemented tax strategy.

The whole commentary can be found in the material by Łukasz Zalewski dated 21 December 2020, which can be downloaded below.

View the entire publication