Changes concerning Personal Income Tax Act, Corporate Income Tax Act, Freedom of Economic Activity Act
On the basis of article 22p of the Personal Income Tax Act as of 26th July 1991 (Journal of Laws of 2016, item 2032 with amendments) and article 15d of the Corporate Income Tax Act as of 15th February 1992 (Journal of :Laws of 2016, item 1888 with amendments) as of 1st January 2017 taxpayers who conduct non-agricultural economic activity shall not include in tax deductible-costs cost in the scope in which payment related to transaction determined in article 22 of Freedom of Economic Activity Act of 2nd July 2004 has not been carried out by means of payment account.
Article 22 of Freedom of Economic Activity Act of 2nd July 2004 (Journal of Laws of 2016, item 1829 with amendments) in the wording being in force form 1st January 2017 provides that making or acceptance of payments related to conducted economic activity occurs by means of payment account of entrepreneur in every case when:
1) the party of the transaction which payment derives from is other entrepreneur and
2) single value of transaction regardless of number of payments stemming therefrom exceed the amount of PLN 15 000.