Another batch of anti-crisis tax measures
Based on its announcement of March 19, 2020, the Ministry of Finance is suggesting the following types of anti-crisis solutions related to taxes.
• Potential tax loss carryback (PIT and CIT).
The loss recorded in 2020 can be applied to the previous profitable year (20...
Coronavirus epidemic and its impact on performance of obligations arising from construction works agreements
The SARS-CoV2 (“Coronavirus”) epidemic might lead to numerous problems in performance of construction works agreements.
Our clients point to conflicting signals coming from the market:
• in some investment projects (e.g. large construction projects), investors ins...
Ant-crisis measures – aid package covering taxes and social insurance (ZUS) contributions
On March 18, 2020, during a conference held after the Cabinet Council meeting, the President and Prime Minister of Poland announced that works are underway on a range of draft bills as part of the so-called “anti-crisis shield.” They are supposed to form an aid package ...
Government unveils major relief package
On Wednesday (18 March 2020), the President and Prime Minister announced a relief package worth PLN 212bn to counter the fallout from the coronavirus outbreak. Although full details of the relief measures are not yet available, it is clear that the stimulus plan is goin...
Restructuring and bankruptcy at the time of #coronavirus
On 13 March 2020, the Polish government announced the state of epidemic threat due to COVID-19, more commonly known as the coronavirus. The days that followed saw the government close the Polish borders, impose a mandatory 14-day quarantine for Polish citizens returning...
Coronavirus and public procurement procedure
What about agreements executed under public procurement law act?
Potential actions for contractors and contracting authorities
Undoubtedly, we are and will continue to be affected by the COVID-19 (“coronavirus”) pandemic and the state of epidemic threat, introduced in...
Employers’ rights related to declaration of state of epidemic threat
On March 13, 2020, the Minister of Health announced the state of epidemic threat in Poland. One of the main consequences is the fact that many retail and cultural facilities are closed.
Below you find key comments on the employer’s rights related to the necessity to pe...
Epidemic – practical guide for the real estate sector
Below you will find detailed information and recommendations related to the state of epidemic threat for the real estate industry, which took effect on March 14.
We can already see clear impacts on our sector, as listed below.
1. Some tenants of commercial development...
Epidemic as basis for tax relief
We are still waiting for the draft special-purpose tax act. Plans for its adoption were announced by the Ministry of Development. It is supposed to include a range of relief measures for taxpayers, such as postponement of the effective date of the “new” SAF-T VAT, quick...
Business alert – Minister of Health adopts Regulation announcing state of epidemic threat!
What does that mean for your business?
In view of numberless questions related to the introduction of the state of epidemic threat in Poland, our law firm has designated a team of specialists in labor law, commercial law, tax law and real estate (tenants’ claims relate...
Relief measures to help businesses tackle coronavirus
Force measure clauses
Coronavirus (causing COVID-19 disease) is an extremely contagious virus which has recently been declared a pandemic. On 12 March 2020, the Health Minister announced that a state of epidemic threat was about to be introduced in Poland. It is a lega...