Taxation in Poland and Calculation of Profit Taxes
In Poland, profit is taxed from:
- employment (under an employment contract);
- in the case of selling company stocks or securities;
- in the case of selling real estate;
- profits obtained from business activities.
Tax payments are made personally throughout the tax year, and the amount of taxes may depend on the chosen calculation method.
The tax authority may make a decision about a different tax, for example, if a person does not file a tax return.
By law, taxes must be paid on cash receipts in case of:
- receiving royalties from copyrights, advisory activities (legal, accounting), advertising activities;
- interests and discounts on securities;
- profits from individual types of business activities, provided such tax payment method;
- income from rent, provided such tax payment method;
- winning in lottery, gambling;
- interests or other profits from monetary deposits concentrated in accounts;
- benefits received by retirees or disabled pensioners due to their previous work or other relationships with the place of work.
You can apply to the tax authority for a reassessment of taxation if you earn profits:
- from special directions of agricultural production, if the income from these directions is established according to norms;
- as a spiritual person.
Conclusion
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