Expenses on an interrupted project can be deducted from revenues

Expenses on an interrupted project can be deducted from revenues

9.09.2020

The situation of the coronavirus epidemic may disrupt plans related to the company's development. However, the latest interpretation of the tax authorities clearly confirms that expenses related to a planned listing on the stock market are costs indirectly related to revenues, even in a situation where the implementation of these plans is suspended. Therefore, they can be deducted from revenues.

An article by Agnieszka Rzeszut devoted to this subject was published in today's edition of Prawo.pl:
https://www.prawo.pl/podatki/wydatki-na-przerwany-projekt-i-wejscie-na-gielde-mozna-rozliczyc,502947.html

We use cookies to tailor our services to individual needs of the users. If you continue to use this service, cookies will be stored in the device memory. More information about cookies as well as complete information on the rights and obligations imposed upon entering of the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (GDPR) into force is available in our Privacy Policy.

cookie consent