Tax

TAX DEPARTMENT

Taxation is a branch of law that is fundamental for an entrepreneur.

In the current, rapidly changing legal reality, virtually every economic activity needs to consider the tax issues.

Without this knowledge, there cannot be determined, for example, whether the transaction is actually profitable, and this is due to tax issues potentially related to it (which taxes enter the picture, who has the tax obligation and what is its amount).

With our knowledge and experience, our customers are always aware of the tax aspects of their activities, including potential risks.

Ongoing advisory

- We provide ongoing support in the interpretation of regulations and assessment of settlements of corporate income tax (CIT), personal income tax (PIT), value added tax (VAT), excise duties, as well as local taxes and fees. - We prepare applications for individual interpretations of tax law and tax opinions on all taxes in Poland. - We advise on the selection of a safe and optimal in terms of tax business form. - The advice is based on a constant contact by telephone, e-mail and personal contact, which provides fast response and good understanding of the client's needs. - We collaborate with advisers from Germany and Luxembourg on a regular basis, which allows for efficient advising in the field of cross-border transactions.

Transaction advisory

- We conduct detailed legal and tax analyses of the planned transactions, particularly agreements. We present tax consequences and costs of their conclusion. - We analyse tax risks associated with the transaction. We estimate probability of their occurrence and ability to effectively reduce the identified risks. - Thanks to the cooperation with advisers from Germany and Luxembourg, we can effectively prepare an appropriate analysis on cross-border transactions.

Tax litigation

We have experience in supporting customers during: - examinations, - tax inspections, - tax proceedings, - Treasury Control Office control proceedings, - proceedings at the Provincial Administrative Courts and the Supreme Administrative Court in the related matters. We also advise our clients (and we can represent them) on administrative issues in the enforcement procedure.

Tax planning

For our clients, we are looking for specific and lawful solutions to minimize the tax burden and thus, to save resources needed for current operations or investments. Tax planning also embraces tax risk management, including the protection of the property of an entrepreneur.

Tax reviews

We carry out inspections of annual settlements of corporate income tax and personal income tax, settlement of tax on goods and services, correctness of meeting the obligations of a payer of personal income tax.

Trainings

For our clients, we prepare and conduct trainings mainly in: income tax and value added tax, as well as the proceedings (rights and obligations of the taxpayer e.g. in the course of a tax audit or an audit procedure by the TCO). Trainings are conducted as workshops – we always try to give priority to practical content over the theory. At the moment, we encourage you to participate in the Changes in Taxes in 2017 training.

Transfer pricing

For our clients, we prepare transfer pricing documentation for transactions with related parties and entities from 'tax havens'. - We also update available documentation of transfer prices, analyse risks of transactions between related parties within the capital group. - We audit adopted solutions/methodology for determining the price in terms of their compliance with law. - We also prepare benchmarks that are analyses of marketability of the transaction.

Due diligence

In the case of a takeover, merger or purchase of another entity, we carry out due diligence audits. They consist in obtaining and analysing information about the entity within the scope determined in an agreement with the customer. The main objective of a due diligence audit is to identify the most important issues related to the transaction, which enable the customer to take the most rational decision. Moreover, the due diligence report provides irrefutable arguments in the process of negotiating a contract of sale/purchase.

RET

Our experience is that the taxpayers often do not use all the available tax deductions and exemptions. Also, the manner of qualifying objects as taxable or the method of calculating the tax base is flawed. For example, the taxpayers treat buildings as constructions or vice versa. In such situations, even a correct classification of the object can bring significant tax savings.