Companies in which shareholders or shareholders’ employees serve as members of the management board without remuneration should not be alarmed by the new tax ruling.

There has been some commotion among taxpayers after news hit that the tax authorities gave an unfavourable private tax ruling in relation to the taxation of notional income represented by a shareholder’s gratuitous service for his company. However, everything points to the fact that the new ruling will not affect the tax authorities’ view on the tax implications of serving as a member of the management board without remuneration. The full version of the article by Michał Wodzicki, our tax advisor, can be found in Rzeczpospolita online, in the Dobra Firma weekly, and here.