Anti-Crisis Shield in Poland - Update for large corporates

On May 19, AmCham Tax & Financial Services Committee organized a webinar on the “Anti-Crisis Shield in Poland - Update for large corporates”. Our speaker was Mr. Marcin Rudnicki, Tax Partner, and Head of International Tax at KPMG in Poland and we discussed the available tax measures for entrepreneurs during the COVID-19 pandemic in Poland. Marcin updated us on the support measures, subsidies and other reliefs available to large businesses in Poland and provided a practical guide based on the most recent information and changes in the law, including the financial support from the Polish Development Fund, loan guarantees and subsidized interest on bank loans provided by the Bank Gospodarstwa Krajowego (BGK), instruments provided by the Industrial Development Agency, reliefs in taxes and social security contributions and other tax measures.