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Supreme Administrative Court: commercial real property does not constitute an organised part of enterprise

The Supreme Administrative Court takes the side of tax payers in the dispute for VAT deduction in the case of acquisition of commercial real property A written justification of the judgement of the Supreme Administrative Court of 24 November 2016, case file No. I FSK...

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Marcin Kroll made partner at BSWW Legal & Tax

In January 2017, Marcin Kroll was made partner at BSWW Legal and Tax. Marcin Kroll is a patent attorney and partner at BSWW Legal & Tax as well as a European trade mark and design attorney. He specializes in the protection of intellectual property. He provides co...

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BSWW Legal & Tax has advised on bond issue of i2 Development S.A.

Lawyers of BSWW Legal & Tax has provided advisory services with respect to issue of secured series C bonds of i2 Development S.A. with a total face value of PLN 30m. i2 Development S.A. is a highly dynamic developer company listed on the Warsaw Stock Exchange. The b...

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New system of consensual dispute resolution for consumer disputes

At the beginning of the year 2017, a bill was passed whereby businesses will have the right to choose whether they wish to resolve a consumer dispute amicably or whether they prefer to reach for the traditional option and go to court. The Act of 23 September 2016 on ...

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The bill of the Usury Act under fire after public consultation  

Michał Sadrak, Obligacje.pl | 12 January 2017 A majority of organisations and interested entities are critical of the bill prepared by the Ministry of Justice which seeks, among others, to further restrict non-interest costs. The public consultation also covered bond...

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BSWW Legal & Tax advises Rank Progress on the sale of Galeria Świdnicka for EUR 26.7m

BSWW Legal & Tax advises Rank Progress on the sale of Galeria Świdnicka for EUR 26.7m A subsidiary of Rank Progress concluded with Calioppe Investments a preliminary sale agreement regarding Galeria Świdnicka. The deal is estimated at EUR 26.7m. BSWW Legal &am...

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Calculation of advance payments towards personal income tax (PIT) in 2017

Maksym Jabłkiewicz for www.infor.pl The act of 29 November 2016 introduced new regulations concerning income tax threshold and, what follows, modified the rules of calculating advance payments towards PIT. Let us remind you that as of 2017 the sum reducing the tax...

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Usury Act – BSWW opinions for the Ministry of Justice

Following the legislative process carried out by the Ministry of Justice in connection with the bill on the amendment of the Criminal Code and certain other acts, published with justification on 7 December 2016, and following the fact that as part of the legislative pro...

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Usury laws may deter investors

Puls Biznesu: article published on 2016-12-22 in issue no. 244/2016, p. 7. Kamil Kosiński Company debentures may become more risky and expensive as a result of changes which are to curb… usury. In July 2015, a new act on bonds entered into force. It was supposed ...

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What changes in the Commercial Companies Code (CCC)

The changes introduced in the CCC concern a new type of a commercial power of attorney (prokura), minority shareholders of a limited liability companies and their rights in terms of convening shareholders’ meetings, revising meeting agenda by shareholders, mandatory ele...

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Some electric companies may lose their licenses

By introducing new laws the lawmakers intended to clarify the regulations on the fuel and natural gas market, however, as a result of the recently introduced regulations, some electric companies may lose their licenses. Another amendment of the Energy Law and a numbe...