Poland Provides Depreciation Incentive for SMEs Investing in Fixed Assets in High Unemployment Areas

Poland published the Law of 17 August 2023 amending the Personal Income Tax Act and the Corporate Income Tax Act in the Official Gazette on 4 September 2023, which introduces a depreciation incentive for micro, small, or medium-sized enterprises (SMEs) investing in certain fixed assets in areas with high unemployment. The incentive provides that taxpayers classified as SMEs may individually se…
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