With the new provisions, companies are obliged to pay withholding tax even if they fail to benefit from the transaction, but also have no way to collect this amount.

The provisions which became effective at the beginning of 2021 brought about revolutionary changes as regards collecting tax in respect of sales of shares in real estate companies. This is horrible news for real estate companies with foreign shareholders.

Read the whole article by tax advisor Michał Wodzicki on Rzeczpospolita’s website at https://kancelarierp.pl/spolki-nieruchomosciowe-podatek-dochodowy-sprzedaz-zaliczka-nowe-przepisy