Current Laws Governing Investment Relief In Poland

The Ministry of Finance has issued a circular to all the tax offices and tax control offices in respect of the acquisition or loss of investment relief.

These guidelines contain an interesting interpretation of the current laws governing investment relief. The most important issues addressed are as follows:

1. Clear instructions as to the intention of the legislator concerning para. 2.1.2 and 7.1.1 of the Council of Ministers' Decree regarding deductions of investment expenditure from income and reductions in income tax, which read as follows:

2.1.2:
the taxpayer '...before carrying out each particular deduction, does not have any outstanding or required tax obligations owing to the State Budget, contributions to social security or contributions to the Labour Fund...'