Interesting ruling regarding a company’s increased share capital and personal income tax (PIT)

Friday, 20 May 2011 11:09

We are pleased to announce that Tomasz Zaleski (Tax Counselor, Partner) has won personal income tax case no. III SA/Wa 2784/10, before the Voivod Administrative Court in Warsaw (WSA).

The court confirmed our legal standpoint that a company taking up its own increased capital shares does not constitute a taxable income for a company shareholder. Please contact Tomasz Zaleski This e-mail address is being protected from spambots. You need JavaScript enabled to view it for further information. Additional information may be found in Gazeta Prawna and in our Bulletin for May 2011.