Source EY
Includes:
- The deadline for so-called “large enterprises” to file new JPK_V7M forms (SAF that is to replace monthly value-added tax returns) is postponed until 1 July 2020.
- Donations to specific organizations involved in actions to mitigate the effects of COVID-19 will be tax deductible (donations made between 1 January and 30 April 2020 – 200%; in May 2020 – 150%; from 1 June until 30 September 2020 – 100%).
- “Bad debt relief,” which obliged debtors to treat as taxable revenues the liabilities which they first recognized as deductible but did not settle within a given period of time, are suspended.
- The time to file notification related to transferring funds to an account not included on the Ministry’s “white list” is extended to 14 days (instead of 3 days).
