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

|Approved Changes|Poland
Poland

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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