The Provincial Administrative Court in Warsaw ruled that the company’s share transactions should be considered ancillary, as the company’s resources were minimally involved. The company has the right to sell shares to accumulate capital for further investments without affecting tax deductions. The court also noted that the company required external assistance for the legal service of the transactions, indicating their ancillary nature.
Source PwC
Latest Posts in "Poland"
- MDDP Webinar – KSeF implementation – how to prepare a company for new invoicing obligations? (Oct 15)
- Commercial Vocational Training and VAT Exemption: What Does the Supreme Administrative Court Say?
- Municipality’s Right to VAT Deduction for Market Stalls Construction
- VAT Technology Transformation: Digital Compliance Strategies for 2025 and Beyond
- Company Cars for Mixed Use: Pre-coefficient First, Then 50% VAT Deduction