What after the dumping tax? The last remaining step

Everything indicates that there will be no tax on landfills. The House of Representatives on Friday, following Senate amendments, approved the final amendment to the value-added tax law, called the Slim VAT Package 3. One element of the regulation is changes to inheritance tax and donations, which remove limits on payments from many donors. The fate of the donation tax will now depend on President Andrzej Duda’s decision.

It was introduced by the House of Representatives at the end of January Changes in inheritance and gift tax. The solutions sparked a wave of controversy, particularly the introduction of limits on donations received from many people. To date, there have been no such restrictions. If the regulations go into effect, announced donations to fund expensive treatments for patients will be at risk.

After the media published about it in early February this year. prime minister Matthews Morawiecki He declared that he would not allow “this to influence in any way the issues of fund-raising for charitable purposes and initiatives of this kind.” He stated that he had instructed the Ministry of Finance to clarify these matters immediately.

Changes, thanks to which there will be no so-called taxes on donations, were proposed during work in the House of Representatives on a draft amendment to the Value Added Tax Law, the so-called Slim VAT 3 package. The proposal was later accepted by the Senate, introducing amendments related to value tax only added.

President’s signature

At the same time, the Deregulation Act, which contains controversial changes in inheritance tax and donations, signed by the president in April Andrey Duda.

“Never! Collections on one day of 2023 or the next will not be taxed. After July 1, there will be higher free amounts for the first group (36,000 PLN) and the second group (27,000 PLN), and finally a complete change of law 1983. The Old and the Flawed. – Deputy Finance Minister Artur Sopoy later wrote on Twitter.

Tax drop disappears

Changes to regulations finally adopted on Friday by the Sejm assume that the following amounts will be exempt from levying inheritance and donation tax up to the value of the property: PLN 36,120 – if the purchaser is a person classified in the first tax group; 27,090 PLN – if the buyer is a person classified in the second tax group; PLN 5,733 – if the purchaser is a person classified in the third tax group.

As Małgorzata Sambourska, partner and tax advisor at Grant Thornton, explained earlier on Twitter, the amendment removes restrictions on payments from multiple donors, meaning in practice there will be no tax on donations.

Most of the provisions of the amendment of the value-added tax law, above all the changes in the inheritance tax and donations, will enter into force on July 1 of this year.

Main image source: Sejm

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