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‘ESTONIAN’ CORPORATE INCOME TAX (CIT), BUT HOW SURE ARE YOU IT REALLY IS ‘ESTONIAN’?

Tax fireworks Although not yet a tradition, in recent years, it has become customary, to implement revolutionary tax changes as soon as the New Year’s celebratory fireworks have died down. Despite the limitations the pandemic has created, 2020/21 is no different from the last several years. Most of us are well aware that limited partnerships […]

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WE BREAK STEREOTYPES! PRECONCEPTIONS ABOUT LAWYERS AND THE REALITY OF BUSINESS

In legal and business circles, it is not uncommon to hear this old adage – “a lawyer will always tell you that you need a lawyer” – and although it carries a humorous overtone, a large proportion of investors take it seriously by trying, at all costs, to prove that they can deal with the legal […]

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AM I REALLY SAVING MYSELF MONEY? TODAY I WILL SAVE 100 PLN TO LOSE 1000 PLN TOMORROW

The habit of ‘saving’ money on specialist services has a fully quantifiable (negative) effect, we have seen this in practice. Examples? It is important to note that being aware of expenditure and trying to limit costs is completely understandable and admirable. This trend is especially reinforced in the case of intangible services, where we do […]

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WHY IS IT WORTH BECOMING A TAX RESIDENT OF MONACO?

The three most common associations that immediately come to mind about Monaco are “tax haven”, “luxury” and “Prince Albert II”. However, interestingly, for the people of Monaco, Monaco is much more. It’s about safety, quality of life and a highly supportive community of international renown. It is very frustrating to read frequently in the press […]

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10 reasons why Poland is becoming the new European silicon valley

The American Silicon Valley is the center of the high-tech sector and is the seat of many multinationals such as Facebook and Google. The region is characterized by its proximity to universities and government research centers, a large number of educated employees and access to venture capital. Of course, these features are not unique to […]

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LOOKING TO INVEST IN NEW TECHNOLOGIES? CHECK OUT POLISH IP BOX!

Generally speaking, Polish IP Box regime allows to benefit from 5% CIT rate on your investments in new technologies. It is a new tool that may be used by companies operating in new technologies branch in Poland. The lower rate applies on profit from IP rights. It is relatively straightforward, as far as tax regulations […]

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FOREIGN INVESTMENTS IN A TIME OF THE CRISIS

During a pandemic that is quickly becoming one of the biggest economic crises of recent times, foreign investors are seeing the potential in the Polish market  Contrary to what classical economic theory might purport and what we would commonly believe, research actually shows that market players do not usually behave rationally. Instead, they often act […]

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AMERICAN TAX COMPETITION. HELPFUL OR “HARMFUL”

Competition, especially healthy competition, is the foundation of a capitalist economy. Without it, a free market could not function and the, “invisible hand of the market,” would operate much differently than everyone might imagine. Competition, although sensitive and fragile, is so important that many governments have opted to protect it. In fact, specific agencies have […]

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