Of death and taxes

Poland compares favourably in comparison to the legal complexity of other countries? In short, in this article, we pose the question of how conducive the tax system is in Poland for real estate investment, and whether the tax environment is improving. Unfortunately, it does appear that the Polish authorities meddle a little too much in the tax collection system. According to Justyna Bauta-Szostak, a tax advisor, attorney at law and head of real estate and transaction advisory teams of MDDP, “Poland’s tax regime is often perceived as unstable due to frequent changes in its tax laws and regulations, which can create uncertainty for businesses and investors. While the government has made efforts to simplify and modernise the system, the frequent amendments can make long-term planning challenging.” However, in her opinion, the country overall fares no worse than other EU nation. Joanna Prokurat, a partner in the tax advisory of TPA Poland, is also not totally enamoured