Recently enacted tax legislation in Poland revises the corporate income tax rules that apply concerning the taxation of investment funds. The new measures are effective 1 January 2017.
In general, the new measures generally continue the corporate income tax exemption for open-ended investment funds (FIOs) and specialized open-ended investment funds (SFIOs) except from SFIOs that apply the rules and limitations prescribed for closed-ended investment funds (FIZs). The exemption also applies to undertakings for collective investment from EU and EEA countries. The general exemption for closed-ended investment funds (FIZs) has been replaced by a specific exemption. Certain types of FIZ revenues will be subject to taxation.
Read a December 2016 report [PDF 339 KB] prepared by the KPMG member firm in Poland: New rules of taxation of investment funds from 1 January 2017
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