July
Tax & Legal Highlights for Real Estate – July 2019
Subscribe to our newsletter (only in Polish) 1. Planned simplifications in issuing environmental decisions On 9th July 2019 the Polish Government submitted to the Polish Parliament (PL: Sejm) a draft of amendment to the Act on Access to Information on the Environment and its Protection, Public Participation in Environmental Protection and Environmental Impact Assessments and some […] more
Tax & Legal Highlights for Real Estate – July 2019
Subscribe to our newsletter (only in Polish) 1. Planned simplifications in issuing environmental decisions On 9th July 2019 the Polish Government submitted to the Polish Parliament (PL: Sejm) a draft of amendment to the Act on Access to Information on the Environment and its Protection, Public Participation in Environmental Protection and Environmental Impact Assessments and some […] more
June
Tax & Legal Highlights for Real Estate – June 2019
Subscribe to our newsletter (only in Polish) 1. Pre-consultation of the draft of new provisions on spatial development The draft of the new Act on spatial planning and land development provides significant changes, including inter alia introduction urban standards, two types of plans to be adopted by the municipality, i.e. intended-use plans and development plans, as […] more
New regulations implementing the GDPR- selected amendments
On May 4, 2019, the Sectoral Act entered into force, which introduces provisions implementing the GDPR into a number of legal acts. The amendments concern over 160 acts from various areas, including labor law, banking law, insurance law, telecommunication law, education law and administrative law. The amendment is aimed at strengthening the protection of privacy […] more
May
Tax & Legal Highlights for Real Estate – May 2019
Subscribe to our newsletter (only in Polish) 1. Economic committee of the Council of Ministers had adopted new project of Act on the Development Guarantee Fund The Office of Competition and Consumer Protection (UOKiK) prepared project of the act on protection of rights of buyers of housing apartments or detached houses. The project envisages, among other […] more
April
Tax & Legal Highlights for Real Estate – April 2019
Subscribe to our newsletter (only in Polish) 1. The Ministry of Investment and Development is working on amendment to the construction law. The proposed changes provide for abolishment of obligatory need to apply to the Minister of Investment for authorization to deviate from technical construction regulations. Today, any such deviation must be consented to by the […] more
March
Tax & Legal Highlights for Real Estate – March 2019
Subscribe to our newsletter (only in Polish) 1. Are the owners who have not received certificate of transformation of perpetual usufruct into ownership obliged to pay perpetual usufruct fee? Legal regulations lack precise information regarding the obligation of the owners of houses and apartments, who have still not received certificate of transformation of perpetual usufruct into […] more
The latest tax changes in 2019
In 2019, the Polish legislator introduced numerous changes in tax regulations, in particular in corporate income tax act. Since the beginning of the year new rules have been introduced in terms of transfer pricing, new withholding tax system, settling of expenses on passenger vehicles and the lowered 9% CIT rate for the smallest enterprises. Another […] more
February
Tax & Legal Highlights for Real Estate – February 2019
Act of 31st January 2019 amending the act on real estate management and the act on transformation of the right of perpetual usufruct to the land developed for housing purposes into land ownership (Journal of Laws of 2019 item 270) The amendment introduces the percentage rate of perpetual usufruct fees for real properties on which […] more
Legal News 3 – January 2019
Below we present Legal News which contains the most important changes in the law that are worth knowing. Subscribe to our newsletter (only in Polish) LEGISLATION CHANGES: Prohibition of compound interest for credit institutions The prohibition of compound interest, i.e. of charging interest on overdue interest, is regulated in Art. 482 of the Polish Civil […] more