Poland's parliament is currently considering new controlled foreign corporation (CFC) rules. The proposed rules include what constitutes a CFC, and how and when they are taxed.
A foreign corporation will be considered a CFC when the following conditions are met:
- 25% or more of its capital or voting rights are held by a Polish resident for a period of at least 30 days in a year,
- 50% or more its income is from passive sources, and
- Its income is taxed at a rate at least 25% lower than the Pol…