Poland: Insurance not subject to lump-sum income tax; scope of economic zone exemption
Supreme Administrative Court decisions relating to application of corporation income tax law
Supreme Administrative Court decisions on application of corporation income tax law
The KPMG member firm in Poland prepared a report that includes summaries of the following recent decisions of the Supreme Administrative Court relating to the application of the corporation income tax law (the CIT Act):
- The court on 12 May 2023 held (case file II FSK 1295/20) that property, gross profit, and commercial terrorism insurance did not constitute guarantee services subject to lump-sum income tax under Article 21(1)(2a) of the CIT Act.
- The court on 12 May 2023 held (case file II FSK 811/20) that the taxpayer’s income from both current activities conducted in the Special Economic Zone, as well as income from the new investment project activity specified in the decision granting investment support, was exempt under Article 17(1)(34a) of the CIT Act.
Read a May 2023 report prepared by the KPMG member firm in Poland
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