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With recent amendments to Poland's Labour Law, the minimum gross salary has been raised, the obligation to notify regional labour inspectors and competent sanitary inspectors of certain business-related activities and developments has been abolished, and a new equivalent factor for determining the payments due to employees for holidays unused in kind has been introduced. In addition, amendments have been proposed that would impact the length of maternity, parental and childcare leave, govern the use of flexible working hours, and prolong the maximum settlement period to 12 months. This survey provides an overview of these developments and the proposed amendments.
Poland’s renewable energy industry is closely watching the Polish government’s work on an amended draft of the act on renewable energy sources (the "Bill"). The Bill is part of a package of new energy legislation (the "Energy Package") comprising a new gas law, a new energy law and the act containing implementing provisions regarding all those energy acts (the "Implementing Act").
On 2 October 2012, Poland’s Constitutional Tribunal issued a judgment stating that the currently applied principles of settling bank holidays that fall on non-working days other than Sunday infringe the Constitution.
of war for foreigners managing multi-hectare farms in Poland?
The Act on the Management of State Treasury Property, which came into force on 3 December 2011, includes, i.a., the promotion of small- and medium-size farms. At this point the question arises whether it will work to the disadvantage of large agricultural producers, who have been more and more active in the Polish countryside recently.
According to Ministry of Finance announcements, many of the bilateral double tax treaties (“DTTs”) concluded by Poland are being renegotiated. As many as 4 protocols amending the current DTTs have been signed so far in 2012, i.e. with Cyprus, Iceland, Luxembourg and Norway. Those currently in force between Poland - Czech Republic and Poland- Canada will be replaced by new ones.
Social Insurance Institution’s activities regarding the calculation of retirement benefits
“The Social Insurance Institution puts the responsibility for low payment of benefits onto pensioners”
The latest bill on VAT is currently at the stage of inter-ministerial discussion, and should be submitted to the Sejm shortly. According to the Ministry of Finance, the bill will come into force on 1 January 2013.
During recessionary times, one might ask a question: Is it possible to combine profit with business ethics and still earn money? When even those too big to fail can feel threatened and weakened by the contemporary state of the global economy, one should direct him or herself towards a way of doing business that respects higher moral values. Halal project finance can be seen as such an example.
Amendment of the Reimbursement Law with respect to incentives and contracting concerning reimbursed products
Dr. iur. L.L.M. Katarzyna Zbierska, legal counselor is attending a meeting of the Working Group of the British-Polish Chamber of Commerce for Food matters. The theme of the meeting is responsible marketing in the food industry.