Newsletter PRIVATE CLIENT

This week (until 7 November), the Senate will vote on draft tax changes concerning Family Foundations. The Sejm adopted the draft without amendments. The legislative process should be completed by 30 November this year.

We encourage you to read the November issue of our newsletter focused on family foundations, in which we discuss:

• Charitable activities of family foundations – admissibility and restrictions
• Changes in the taxation of foundations – amendment to the CIT Act
• KAS security opinion – contribution of FIZAN investment certificates to foundations.

Link to the newsletter: https://tiny.pl/k2gr4sjw