On 23 April 2020 Director of National Treasury Information issued an individual interpretation (ref. 0111-KDIB1-3.4010.101.2020.1.IM) to determine whether an entity which did not incur a tax loss in a tax year should be understood as an entity which did not incur such...
The Organisation for Economic Cooperation and Development (OECD) presented on 3 April 2020 a Analysis of Tax Treaties and the Impact of the COVID-19 Crisis The document discusses four main issues: The creation of a permanent establishment, Residence status of a...
One of the documents which entitle to apply a reduced tax rate, exemption or non-collection of tax in accordance with the provisions of the relevant double taxation convention or specific provisions is the certificate of residence. Pursuant to Article 4a(12) of the...
On 8 April 2020 the Monetary Policy Council (MPC) reduced the reference rate determining the interest rate on basic open market operations conducted by the National Bank of Poland to 0.50%[1] Pursuant to Art. 359 § 2 of the Civil Code, if the interest rate is not...
Company A based in the territory of the Netherlands, which is a 100% shareholder of company B based in Poland, receives dividends and royalties. Company A was subsequently taken over by company C also based in the Netherlands. As a result of the merger, company A...