Global Tax Alert | 11 November 2013

Poland's lower house of Parliament approves bill amending CIT law

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On 8 November 2013, Sejm, the lower house of the Polish Parliament approved a bill which implements significant amendments to the Corporate Income Tax (CIT) law as of 1 January 2014. Sejm accepted all the amendments proposed earlier by Senat (the upper house of the Polish Parliament).

The major amendment proposed by this act is the taxation of joint stock limited partnerships under similar rules as corporations.1 Currently joint stock limited partnerships are tax transparent and only their investors are taxed on their profits. Taxation of limited partnerships, which was also considered at the earlier stage of the legislative process, has been excluded from the bill.

Now the bill will be sent to the President. In order for the new provisions to be effective as of 1 January 2014 the act must be signed by the President and published in the Journal of Laws by 30 November 2013.

Future Alerts will cover further developments.


1. See EY Global Tax Alert, Polish limited partnerships expected to remain tax transparent in 2014, dated 16 October 2013.

For additional information with respect to this Alert, please contact the following:

Ernst & Young Doradztwo Podatkowe sp. z o.o., Warsaw
  • Andrzej Broda
    +48 225 57 72 90
Ernst & Young LLP, Polish Tax Desk, New York
  • Michał Koper
    +1 212 773 7012

EYG no. CM3953