Archive for April 2023
Poland’s Tax Benefits: A Magnet for IT Companies and Tech Startups
The flourishing of tech businesses in Poland can be attributed to not only its skilled workforce but also its appealing tax environment. Here’s a closer look at the tax benefits that make Poland an attractive destination for IT companies: 1. Competitive 9% Corporate Income Tax (CIT) Poland boasts one of the lowest CIT rates globally…
Read MoreI do not need to report my foreign capital gains tax in Poland!
Wrong. You probably do. A simple test if you need to report capital gains tax in Poland. Please answer following questions: I am a polish tax resident (if you are unsure please refer to this article): YES / NO NO: – you are fine. Do not need to worry about Polish capital gains tax. YES:…
Read MoreThe Polish Corporate Income Tax is 9%, but…
When does the 9% CIT rate apply? Taxpayers in Poland are subject to either a 19% or 9% CIT rate. The lower 9% rate is applicable for: Taxpayers starting a new business; Businesses with the previous year’s sales revenue below EUR 2,000,000 (in 2023, this applies if 2022 sales revenue fell within the PLN 9,654,000…
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