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Poland: Tax Alert - Company Cars – New Income Tax Rules
As from 1 January 2015, new rules regarding the taxation of the private use of company cars by employees will come into force. These arise from amendments to the Act concerning the facilitation of business activity, and will affect how employees are taxed this benefit.
The new rules will simplify the calculation of the taxable benefit in kind arising for employees using company cars for private purposes.
The current income tax legislation does not contain any provisions which specifically deal with the taxation of private use of company cars by employees. In the past, in situations where employees wer(...)
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