CIT in Poland – Subject of taxationTags: CIT Categories: Glossary of tax related terms, RSS
The entities subject to CIT – the corporate income tax in Poland, are as follows:
- legal persons (in particular: limited liability companies, joint-stock companies, capital companies in organization);
partners being legal persons;
foreign partnerships, if in the state where their seat is located they are treated as legal persons and are subject to unlimited tax liability there;
- tax capital groups.
CIT is, besides VAT, the most important tax levied on activities of legal persons in Poland. This is a flat-rate tax, in general imposed on income. The basic corporate income tax rate is 19% of the tax base. THera are special cases where the CIT Act provides for other rates. For more information about the CIT in Poland please visit http://polishtax.com/downloads/taxes/