For the purpose of loss / ratio calculation, costs of development or acquisition of fixed assets, including depreciation write-offs, are not taken into account.
Though certain exclusions are provided (see below), there is no limitation of application of the new tax to companies above a certain revenue threshold.
Exclusions can apply, i.a. to financial institutions (specific CIT definition), companies benefiting from Special Economic Zones / Polish Investment Zone (but the scope of the exclusion is unclear), new businesses (for the first three years), companies suffering 30% revenue drop in the preceding year, companies with a simple ownership structure (with “group” income / revenue ratio >1%) , and companies paying the so-called Estonian CIT.
The “tax on revenues” can be deducted from “standard” CIT for a maximum of 3 years and is due on a yearly basis.
safe for deduction from “standard” CIT .
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