Adoption of a stepchild and exemption from gift tax

Donations within the immediate family are common. The legislator favours such settlements by granting a tax exemption. It applies in particular to donations to a stepchild or stepdaughter. However, is the prior adoption of such a person by the donor a prerequisite for tax exemption? The Inheritance and Gift Tax Act does not define the

Legislation and Practice – July in taxes and business law

Below we present a short summary of the most important changes in tax/business law and practice in July. Legislation Practice in taxes Income taxes and transfer pricing International taxes VAT Other

Order matters – housing relief pitfalls

When incurring housing expenses for the purposes of applying the housing relief, special care should be taken as to the order in which they are incurred. And this applies not only to expenses for the repayment of credits (loans), but also to expenses incurred directly for the implementation of one’s own housing goals. At the

The rate is 8% for construction works. Goods and services.

When performing construction works related to renovation or modernization, contractors often ask the question about the possibility of applying a preferential VAT rate of 8%. The topic, although it appears in the media many times, can still raise doubts.  At the outset, it should be noted that, in principle, in accordance with Article 41 sec.

  • Published in VAT

Incoterms, DDP and EXW rules and VAT liability

When making commercial transactions within the import/export of goods, concluding contracts with cross-border contractors, it is often necessary to establish the Incoterms Rules that will apply under a given contract. The most popular Incoterms Rules, and at the same time extremely different ones, are the DDP and EXW Rules, which can determine the moment when

  • Published in VAT

Tax deregulation proposals

On 6 July 2026, the Minister for Supervision of the Implementation of Government Policy, Maciej Berek, and the Minister of Finance and Economy, Andrzej Domański, presented a package of changes to the tax system referred to as “Deregulation 2.0”. The aim of the proposed solutions is to simplify tax settlements and improve relations between the

Legislation and Practice – June in taxes and business law

Below we present a short summary of the most important changes in tax/business law and practice in June. Legislation Practice in taxes Income taxes and transfer pricing International taxes VAT Other

The “Anti-mobbing” Act

The parliament is finalizing work on amending the Labour Code and the Code of Civil Procedure, known as the Anti-Mobbing Act. The act changes the definition of mobbing, increases the amount of benefits and specifies the employer’s obligations. Below are the most important changes. Definition of mobbing On the basis of the applicable Article 94(3)

Conversion of loan debt to equity

The loan debt (principal amount and interest) to a foreign shareholder outside the EU is converted into the company’s capital. Such a situation of one of our clients became the basis for our today’s publication. Let’s consider the tax details for both parties. CIT Shareholder perspective a) in-kind contribution In accordance with Article 12 sec.

Compensation for theft and tax-deductible costs

Contractual penalties and damages are often an element of dispute with tax authorities. The legitimacy of recognizing them in tax-deductible costs is repeatedly questioned. An example of this type of compensation is compensation paid by transport companies/carriers for the loss of cargo caused by theft. Can such compensation be included in tax-deductible costs? In accordance

  • Published in CIT