March
Coronavirus – impact on employment and implementation of agreements
The epidemiological risk associated with COVID-19 coronavirus is increasing. On 11 March 2020 the World Health Organisation (WHO) declared a global pandemic, recommending that all countries take intensive preventive actions to limit the spread of the disease. Current situation seriously affects business trading, performance of contracts and employment relationships, and requires immediate legal action in […] more
TPA Poland expands Transfer Pricing and Corporate Finance
The Warsaw Tax Advisory Department of TPA Poland was joined by Joanna Kubińska, who will take up the position of Associate Partner responsible for the transfer pricing team. The company is also expanding its structures responsible for corporate finance consulting. The position of the director in this team has been taken up by Tomasz Manowiec. […] more
February
The amendment to the construction law
The second half of 2020 will result in major changes for the construction sector. The amendment to the construction law, which is to enter into force, should make the investment process easier and faster. Although the scope of the changes is extensive, below we present the most important ones. Until now it happened frequently that […] more
Tax & Legal Highlights for Real Estate – February 2020
Subscribe to our newsletter (only in Polish) 1. Amendments to the Developers Act At the beginning of February, the Government Legislation Centre presented the latest project of Developers Act (PL: ustawa deweloperska). The purchaser of a premises or a single-family house will only be allowed to make payments to an open or closed residential escrow account […] more
January
Tax & Legal Highlights for Real Estate – January 2020
Subscribe to our newsletter (only in Polish) 1. New approach to reserving a contractual penalty On 16 January 2020, the Warsaw City Council adopted the so-called landscape resolution which sets out the rules for placing advertisements in the urban space and for placing fences and small architectural objects. The rules adopted in the resolution are important […] more
December
Tax & Legal Highligts for Real Estate – December 2019
Subscribe to our newsletter (only in Polish) 1. New approach to reserving a contractual penalty On 20 November 2019 the Supreme Court adopted a resolution (ref. III CZP 3/19) which is of significant importance for the construction business. The Supreme Court ruled that it is unacceptable to reserve a contractual penalty in case of withdrawal from […] more
November
Perpetual usufruct: housing developers are facing a risk of collapse
Much attention has recently been paid to the issue of the transformation of the perpetual usufruct right. Katarzyna Woroszylska – – Partner at Baker Tilly Woroszylska Legal presented the above problem during the FLEX Forum Prawa Nieruchomości on November 26-27, 2018. more
Tax & Legal Highligts for Real Estate – November 2019
Subscribe to our newsletter (only in Polish) 1. Delivery of the first procedural document by a bailiff One of the many revolutionary changes introduced by the largest amendment to the Civil Procedure Code in recent years, which came into force on 7 November 2019, is the introduction of a new principle of service of pleadings. Until […] more
October
Tax & Legal Highlights for Real Estate – October 2019
Subscribe to our newsletter (only in Polish) 1. The Environmental Protection Law will be amended According to the act recently signed by the President of the Republic of Poland, the Environmental Protection Law will be amended as Poland needs to meet its obligations towards the European Union related to the transposition into Polish law of Commission […] more
Central Register of Real Beneficiaries
From 13 October 2019 the Central Register of Beneficial Owners (hereinafter referred to as the Register), maintained by the Minister of Finance, will start its operation in the form of an Information and Communication Technology system aimed at increasing the security of trading, facilitating the verification of legal entities’ structures and processing of information on […] more
