Poland Tax News 2011,Poland New Flat Income Tax Rate, Poland Tax Treaty, Poland Non-Residents,Poland Tax and Businass News 2011

HomePage | Contact Us | About Us

Custom Search

Poland Tax News 2011

Poland's V.A.T. Update

February 2011
Starting January 1, 2011 the new standard V.A.T. rate in Poland is 23%, compared to the previous 22% rate.
The new reduced Polish V.A.T. rates are 8% and 5%.

Poland's V.A.T Rise

August 2010
The Polish government plans to increase the VA.T rate from the current 22% to 23%, starting January 1, 2011.
The reduced V.A.T. rate will rise to 8%, compared to the current 7%.
The rise is planned for a three years period as part of the deficit cutting plan.

Poland Switzerland New Protocol to DTA

May 2010
Poland and Switzerland signed on 20/4/2010 a protocol amending the existing double taxation agreement, DTA, between the two countries.
The protocol includes, inter alia, amending of the withholding tax rates for payments of interest, dividend and royaltis and provision for exchange of tax information in line with the OECD model.
In addition the definition of the 183 days residence test was amended.The new test applies to 183 days stay starting or ending in any fiscal year, compared to the previous test of staying 183 days during a calendar year.

Poland Tax updates 2009

January 2009
From 1.1.2009 the new personal income tax rates in Poland are 18% and 32%, replacing the 2008 rates of 19%-40%.
Poland corporate tax rate for 2009 is 19%, same as in 2008 .The standard V.A.T rate of 22% remains unchanged too.
There are some new V.A.T amendments.
The period for V.A.T. refund is shortened to 60 days instead of 180 days V.A.T. on bad debts lasting more than 180 days will be refunded to the seller by the tax authorities.
V.A.T payers can now report to the authorities on a quarterly basis, yet the payments are on a monthly basis.

Poland New Flat Income Tax Rate 2008

February 2008
The Polish prime minister revealed his plan for a new flat income tax rate for individuals.
According to unofficial sources the planned flat tax rate of 19% would come into effect in 2010 or 2011.
In 2008 the personal income tax rates in Poland are 19%-40%. The corporate income tax rate is 19%.
The standard VAT rate is 22%. There are also reduced VAT rates of 7% and 3% .

U.K. Poland Tax Treaty

January 2007
From 1.1.2007 there is a new tax treaty between Britain and Poland.
The new treaty effects Polish people working in the U.K. and British investors in Polish realestate.

Poland Non-Residents

January 2006
From 1.1,2006 Polish companies have to inform the tax office about the sum of estimated payments to non-resident individuals.
The report should also include the estimated period of stay of the non-resident in Poland.

Poland Income tax

January 2004
From 1.1.2004 the new corporate income tax rate in Poland is 19% (previous rate-27%).

Go Back

Poland Homepage | Security Policy | Terms of Service