Taxes in Poland

Transfer pricing are the costs set by entrepreneurs for goods, intangible goods and services that are provided for related parties. Related parties include plants, subsidiaries, branches or other enterprises.   Entrepreneurs rely on market prices i.e. amounts that are used in transactions between (independent) parties.  Two functions of transfer pricing:  distribution of income – during the…

In Poland, there are three ways of accounting for income from business activity: according to general principles, according to the tax scale (tax rate of 12% and 32%),  according to the flat rate (19%), lump-sum tax on registered income. There is a fourth form, the tax card, but it is available to those who, prior…