taxnews.ey.comPrint

10 June 2016

Poland's President signs GAAR provisions

The President of Poland signed the bill introducing amendments to the Tax Code on June 7, including the General Anti-Abuse Rule (GAAR) provisions. The bill is scheduled to come into force 30 days after its publication in the Journal of Laws (date of publication is not known yet but should take place soon). Consequently, it is likely that GAAR will be introduced in July 2016. GAAR is intended to prevent the creation and use of artificial legal arrangements to avoid payment of tax in Poland. This is probably the most significant change in the Polish tax law this year.

A Tax Alert prepared by Ernst & Young Poland, and attached below, provides additional details.

———————————————
ATTACHMENT

Full text of Tax Alert 2016-1009

Document ID: 2016-1009

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2025, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement