Planned changes to the Polish CIT Act

 

From 2018 Polish taxable persons will not be allowed to deduct costs of their capital investment activity from operational revenue. The main motive of the planned changes to the Polish CIT Act is to prevail the unjustified decrease of operational profit by the cost of investment activity and financial operations, which according to the Polish tax authorieties, may sometimes result from the non-genuine transactions aimed solely to decrease the taxable profit on the core business operations.