Polish Implementation of Global Minimum Taxation!

DATE
Start: 2024-06-17 09:30
End: 2024-06-17 11:00
LOCATION
AmCham Boardroom and online
Spektrum, ul. Twarda 18, 16th floor
00-105
Warszawa
EVENT DETAILS

The EU Council Directive on the global minimum taxation provides that capital groups with global consolidated revenues equal to or higher than EUR 750 million will be obliged to pay a top-up (supplementary) tax if their effective tax rate (ETR), calculated according to a specific formula for operations in each country (jurisdiction), is lower than 15%. In addition to the risk of additional tax burden, the new regime will involve extensive analytical and reporting obligations. Additionally, due to the tax benefits resulting from tax reliefs, top-up taxation is of particular importance for companies benefiting from such preferences, including investors enjoying CIT exemption in special economic zones/Polish Investment Zone or R&D incentives.

On behalf of the AmCham Tax & Financial Services Committee, we invite you to a meeting entitled Polish implementation of global minimum taxation. New obligations for Polish entities and impact on the effectiveness of locally applied tax reliefs.  Our speakers will be from EY Polska, an AmCham member company, Filip Majdowski, PhD, Director in International Tax and Transaction Services team, former advisor to the Minister of Finance; Michał Koper, Partner in International Tax and Transaction Services team, and from Financial Accounting Advisory Services team, Hubert Rogoziński, Partner, and Agata Janas, Manager. 

We will discuss:

•    the key principles of the new tax regime;
•    who and to what extent the new regulations will apply;
•    the obligations Polish companies will face soon and how to prepare for them;
•    the operation of the test to determine whether a Polish company can benefit from simplified rules under the new regime;
•    key information necessary for the calculation of top-up taxation, potential sources of this data and possible gaps;
•    the main assumptions of the reporting process according to the new requirements;
•    the impact of top-up taxation on the effectiveness of tax reliefs, such as the R&D relief or zone exemption; and,
•    the basic mechanisms mitigating the negative impact of top-up taxation on the effectiveness of applied tax reliefs.

The meeting will take place on Monday, June 17 from 9:30 a.m. to 11:00 a.m and will be held in Polish. We encourage you to visit the AmCham office, Spektrum Tower, ul. Twarda 18, 16th floor (live tickets are limited to 20 people – for those registering live, we ask you to click the live ticket). The Webex link will be sent to all online attendants one day before the event.
 

The EU Council Directive on the global minimum taxation provides that capital groups with global consolidated revenues equal to or higher than EUR 750 million will be obliged to pay a top-up (supplementary) tax if their effective tax rate (ETR), calculated according to a specific formula for operations in each country (jurisdiction), is lower than 15%. In addition to the risk of additional tax burden, the new regime will involve extensive analytical and reporting obligations. Additionally, due to the tax benefits resulting from tax reliefs, top-up taxation is of particular importance for companies benefiting from such preferences, including investors enjoying CIT exemption in special economic zones/Polish Investment Zone or R&D incentives.

On behalf of the AmCham Tax & Financial Services Committee, we invite you to a meeting entitled Polish implementation of global minimum taxation. New obligations for Polish entities and impact on the effectiveness of locally applied tax reliefs.  Our speakers will be from EY Polska, an AmCham member company, Filip Majdowski, PhD, Director in International Tax and Transaction Services team, former advisor to the Minister of Finance; Michał Koper, Partner in International Tax and Transaction Services team, and from Financial Accounting Advisory Services team, Hubert Rogoziński, Partner, and Agata Janas, Manager. 

We will discuss:

•    the key principles of the new tax regime;
•    who and to what extent the new regulations will apply;
•    the obligations Polish companies will face soon and how to prepare for them;
•    the operation of the test to determine whether a Polish company can benefit from simplified rules under the new regime;
•    key information necessary for the calculation of top-up taxation, potential sources of this data and possible gaps;
•    the main assumptions of the reporting process according to the new requirements;
•    the impact of top-up taxation on the effectiveness of tax reliefs, such as the R&D relief or zone exemption; and,
•    the basic mechanisms mitigating the negative impact of top-up taxation on the effectiveness of applied tax reliefs.

The meeting will take place on Monday, June 17 from 9:30 a.m. to 11:00 a.m and will be held in Polish. We encourage you to visit the AmCham office, Spektrum Tower, ul. Twarda 18, 16th floor (live tickets are limited to 20 people – for those registering live, we ask you to click the live ticket). The Webex link will be sent to all online attendants one day before the event.
 

SPEAKERS

Filip Majdowski
Michal Koper
Hubert Rogoziński
Agata Janas

SPONSORS