News
TaxAlert - January 2010
Conversion of a loan into share capital and refund of overpaid capital tax
According to the judgment of the European Court of Justice and the Polish Supreme Administrative Court (NSA) ruling of 14 January 2010, conversion of a shareholder loan into share capital in a company is not subject to capital tax (PCC) even if the loans were granted before Poland’s accession to the European Union.
more
more