WHT and the gross-up clause
Friday, 13 November 2020
Payment of remuneration to foreign entities may result in the obligation to collect the withhold tax (WHT). This applies to the payment of dividends, interest, royalties or remuneration for specific services. Theoretically, the tax is borne by the recipient. Therefore, it should receive its value after the WHT deduction. Nevertheless, some foreign contractors demand to
- Published in Bez kategorii, CIT
Changes in income taxes passed by the Sejm
Friday, 30 October 2020
In addition to the “Estonian CIT”, changes in the area of income taxes include other very important issues, such as: covering limited partnerships (pol. spółka komandytowa) with CIT – starting from May 2021, although it will be possible to choose this option from the beginning of the year; liquidation of the so-called “abolition relief”; limiting
- Published in CIT
“Estonian CIT” passed by the Sejm
Friday, 30 October 2020
On October 28, the Sejm passed an amendment to the provisions of the Corporate Income Tax Act, introducing tax solutions, commonly known as “the Estonian CIT”. Just to remind, this is a special tax regime that provides for taxation of income only at the time of distribution or allocation of funds for private purposes of
- Published in CIT