tax

Insurers’ duties to consumers

Examples from the case law on automobile insurance

What information will Switzerland share with the Polish tax authorities?

From 1 January 2012, the tax treaty between Poland and Switzerland authorises the countries to exchange information that may have a major impact on tax enforcement.

Outsourcing bookkeeping services

What are the obligations, barriers and costs that an existing company must deal with before beginning to provide accounting services as an additional business for outside entities?

Take a break from business

If business operations are not generating the expected profits, instead of closing down the business it is possible to suspend operations for a certain period. How should one go about this in a legal and effective manner?

How long will it be necessary to store tax records?

If a taxpayer has generated a loss and plans to carry it forward to apply against income earned in subsequent tax years, the taxpayer may have to retain its tax records and related documents for up to 11 years.

New treatment of share redemption income

Amendments to the Corporate Income Tax Act and the Personal Income Act in Poland went into force on 1 January 2011, including changes in the tax treatment of share redemption transactions.