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Poland: Tax relief measures in pending legislation (COVID-19)

Poland: Tax relief measures in pending legislation

A bill that would provide tax and economic relief to entities and taxpayers affected by the coronavirus (COVID-19) pandemic is pending before the parliament.


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The bill—referred to in English as the “Anti-Crisis Shield 4.0—would:

  • Allow taxpayers to apply bad-debt relief measures sooner (30 days from the date of payment specified on the invoice or in the contract, instead of the normal 90-day period for settlement of payment)
  • Aim at protecting “strategic” Polish companies from hostile takeovers by entities from outside the EU or EEA
  • Extend the deadlines for reporting certain domestic tax arrangements to the 30th day after the date when the state of emergency is ended (for cross-border arrangements, the deadline suspension would be no longer than 30 June 2020)
  • Exempt from income tax certain donations made to centers or organizations providing charitable services for individuals
  • Allow contractual penalties and damages related to defective goods to be deductible
  • Extend the deadline for paying the annual usufruct fee for 2020 to 31 January 2021

The bill also includes certain non-tax measures such as a subsidy to support salary and wage payments to workers and employees (up to 40% of average monthly salary) and subsidy as relief regarding the interest payable on certain bank loans (generally entered into before 31 December 2020) when concluded by business entities whose financial liquidity has deteriorated because of the economic consequences of the COVID-19 pandemic.

Read a May 2020 report prepared by the KPMG member firm in Poland 

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