Green Spaces for Recreation: VAT Implications on Sales
Polish law exempts unbuilt plots from VAT, but what about parklands and recreational areas? VAT Exemption for Unbuilt Plots Under Article…
GDP, Consumption and Investments Grow by 4%
Poland’s GDP grew 4% in Q4 2025, with private consumption up 4.2% and investments rising 4.7%, according to the Central Statistical…
Crude Oil and Gas Prices Hit Yearly High, Energy Crisis Threatens Europe Again
Global oil and gas prices surge to yearly peaks, reigniting fears of an energy crisis in Europe. Oil and Gas Prices Surge On Monday, Brent…
A New Energy Crisis Threatens Europe
European energy prices surge to highest levels since 2025, echoing the crisis that sparked inflation and industrial recession three years ago.…
VAT Margin Does Not Exclude Civil Tax When Purchasing
Mariusz Szulc reports on the relationship between VAT margin and civil tax in property transactions. Understanding VAT Margin and Civil Tax…
Poland’s Tax Deduction Rules for Adult Children Not Continuing Education
Polish parents may claim a tax deduction for adult children under 25 who are full-time students, with specific rules if education ceases.…
Inheritance and Gift Tax: Is a Bank Transfer Enough to Avoid Tax Problems?
Polish tax authorities confirm that direct transfers to a recipient’s technical account may still incur gift taxes. Latest Tax…
Will Oil Prices Rise by 5-15%? Consequences of Blocking the Strait of Hormuz and Conflict in Iran
OPEC+ agrees to increase oil production by 206,000 barrels per day, but analysts warn minimal impact as Strait of Hormuz activity slows to…
KSeF System: From Few Invoices to Dozens More, and It’s Not Over Yet
Polish housing cooperatives face invoice surges under the National e-Invoice System (KSeF) since February. Rise in Invoices Under KSeF System…
Unused Company Property. What About Income Tax on Sale?
Polish general partnership faces tax questions after unused 2004 property acquisition wasn’t utilized for business. Property Acquisition…