On 21 July 2015, Poland's Council of Ministers adopted legislation to implement changes to the EU Parent-Subsidiary Directive, Savings Directive and transfer pricing rules
- The Parent-Subsidiary Directive change includes that Poland will not provide tax exemption for dividends if connected with an arrangement or a series of arrangements where the arrangement(s) are only put in place to receive a tax benefit and not for valid commercial reasons that reflect economic reality.
- The Savings Direct…