“Retained Profit” or Making an Additional Contribution to the Company and the Possibility to Recognize Tax Deductible Expenses on Account of Notional Interest – Interpretation Difficulties under Article 15cb of the Corporate Income Tax Act

• Authors: Paweł Mańczyk

Abstracts

EN

The subject of the study is CIT tax relief regulated by Article 15cb of the CIT Act (known as interest relief). This relief provides for additional tax deductible expenses, even though no expenses were incurred in the amount of multiplication result of additional capital contribution made to the company and/or profit contributed to the company’s reserve capital or supplementary capital and NBP’s reference rate applicable on the last working day of the year preceding the fiscal year increased by 1 percentage point. The author presents eleven interpretation doubts that arose during the four years of the relief being in force. Most of the doubts concerned individual tax decisions issued by the Director of the National Tax and Customs Information Office. The author subjects these interpretations to a critical assessment, presenting his own opinion, sometimes different from that of the tax authorities.

Keywords

EN

Interest relief; CIT; internal financing of the company

• Publisher: Polska Akademia Nauk
• Journal: Teka Komisji Prawniczej
• Year: 2023
• Volume: 16
• Issue: 1
• Pages: 207-220

Dates

published

2023

Contributors

author

Paweł Mańczyk

• University of Szczecin, Poland

• https://orcid.org/0000000242915466

References

• Dmoch, Wojciech. 2019. “Komentarz do art. 15cb.” In Podatek dochodowy od osób prawnych. Komentarz. Warszawa: C.H. Beck. Legalis el.
• Gil, Krzysztof, Aleksandra Obońska, Adam Wacławczyk, et al. 2019. “Komentarz do art.15cb.” In Podatek dochodowy od osób prawnych. Komentarz. Warszawa: C.H. Beck. Legalis el.
• Jankowski, Jakub. 2020. “Koncepcja allowance for corporate equity w polskim CIT na tle innych europejskich jurysdykcji podatkowych.” Przegląd Podatkowy 3:49-53.
• Malinowski, Dariusz. 2022. “Podwyższenie kapitału zakładowego w spółce z ograniczoną odpowiedzialnością finansowane ze środków spółki.” Przegląd Podatkowy 8:3-5.
• Małecki, Paweł, and Małgorzata Mazurkiewicz. 2019. “Komentarz do art. 15cb.” In CIT. Komentarz. Podatki i rachunkowość. Warszawa: Wolters Kluwer. LEX el.
• Małecki, Paweł, and Małgorzata Mazurkiewicz. 2022. “Komentarz do art. 15cb.” In CIT. Komentarz. Podatki i rachunkowość. Warszawa: Wolters Kluwer. Lex el.

Identifiers

DOI

10.32084/tkp.5394

Biblioteka Nauki

55928973