On 26 October 2018, the Polish Senate (upper house of parliament) approved, without amendment, tax reform legislation that was approved in the Sejm (lower house) on 23 October (no. 2854 and no. 2860). Some of the key changes provided for by the legislation are summarized as follows:
Patent Box Regime
A new patent box regime is introduced, which provides for a 5% corporate tax rate on qualified income derived from qualifying intellectual property, which includes:
- Patents;
- Utility models;…