The Minister of Finance signed a decree on redemption of tax on income (revenues) due to redemption of financial subsidies granted from the Financial Shield of the Polish Development Fund.
The non-collection of tax will apply to the income (revenue) obtained by the beneficiaries of the support from June 1, 2021 to December 31, 2022.
Importantly – as the ministry emphasizes – expenses covered by subsidies can still be classified as tax deductible costs (on general principles).
