Recent tax legislation-related developments include the following:
- The lower house of the Parliament (Sejm) on November 21, 2024, passed legislation amending the real estate tax law to introduce a stand-alone definition of “building” and “non-building structure.”
- Legislation allowing small businesses with sales in the previous tax year not in excess of €100,000 a value added tax (VAT) exemption in other EU countries was signed by the President into law on November 20, 2024. The legislation also repeals the obligation to integrate cash registers with payment terminals, which was suspended for three months until April 1, 2025, for members of multinational enterprise groups and large-scale domestic groups under the Act on top-up taxation.
Read a November 2024 report prepared by the KPMG member firm in Poland