Poland:
Banks and Confidentiality - Changes to the Polish Tax Obligations Act
To print this article, all you need is to be registered or login on Mondaq.com.
Parliament recently passed a change to the Tax Obligations Act that administrative proceedings against a taxpayer will constitute a basis for the tax authorities to access details of the taxpayer's bank account, dealings with brokerage firms and trust funds. This will be possible from 1 January 1997 subject to the President's acceptance.
What is not so evident and has not been sufficiently safeguarded is the ease with which the tax authorities may begin administrative proceedings against a taxpayer.
Tax laws and practise are constantly being revised and, whilst every effort is made to ensure that the information in this tax newsletter is accurate and timely, no decision should be taken on the basis of the information herein without first consulting with KPMG Polska.
Should you have any questions in relation to the above issues, please contact:
Oliver Sinton
KPMG Polska
LIM Center - Marriott Hotel - IX floor
Al. Jerozolimskie 65/79
00-697 Warsaw, Poland
Tel: +48 (22) 630 7236
Fax: +48 (22) 630 6355
This information was correct as of 3 July 1996.
POPULAR ARTICLES ON: Accounting and Audit from Poland
Towards The Global Internal Audit Standards
KPMG in Cyprus
The Institute of Internal Auditors has recently released the new Global Internal Audit Standards, which will supersede the International Standards for the Professional Practice ...
Audit Exemptions And Irish Companies
Matheson
Directors of Irish companies are required, pursuant to the Companies Act 2014 (the "Act"), to ensure that financial statements for a company are prepared on an annual basis...
