On June 23, 2020 the Journal of Laws published the Act on subsidies to interest rates on bank loans granted to entrepreneurs affected by COVID-19 and on a simplified procedure for approval of settlements in connection with COVID-19 (Journal of Laws 2020, item 1086). According to an announcement, this is the last package of changes to help entrepreneurs affected by the coronavirus epidemic. Below, we present key solutions in respect of taxes which are provided for in the so-called Shield 4.0.
On May 28, 2020, the Sejm (the lower house of the Polish parliament) passed an amending act concerning the tightening of the corporate income tax system, amendments to the VAT Act connected with the implementation of the EU Council Directive 2018/1910 and completing the transposition of the MDR Directive. The legislative process is still ongoing and the work on the law is currently being carried out by the senators.
The cost of acquisition of a service of marketing coordination and development from an unrelated entity, re-invoiced to another related entity is treated by such other related entity as a service acquired from a related entity, and as a consequence is subject to the limitation in recognition of costs as tax deductible costs pursuant to Art. 15e (1) of the CIT Act - such a standpoint was presented by the Head of the National Revenue Information Service in the private tax ruling of April 7, 2020 (case no. 0114-KDIP2-2.4010.20.2020.1.SJ).