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Sat, 22 Nov 2008 17:13:25 +0800
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Tax treaties and investment protection treaties

International treaties: tax rates may be lower under double taxation treaties concluded with the country in which the taxpayer's registered office or management board are located. Here are some examples of the reduced rates:

Country / Dividend (%) / Interest (%) / Royalties (%)
Poland (basic rate) / 19 / 20 / 20
Australia / 15 / 10 / 10
Belgium / 10 / 10 / 10
Canada / 15 / 15 / 10
Denmark / 5/15 / - / 10
Finland / 5/15 / - / 10
Italy / 10 / 10 / 10
Japan / 10 / 10 / 10
Holland / 15/- / - / 10/-
Great Britain / 5/15 / - / 10
USA / 5/15 / - / 10

Certificate of Residence: tax rates envisaged in the double taxation treaties may be applied only if a taxpayer holds a certificate of residency issued by the given country's tax authorities. This certificate confirms that the foreigner has residency in a country with which Poland has concluded a double taxation treaty, under which tax preferences are granted. A sworn translator should translate the documents into Polish. A certificate of residency is valid for one year from the date of its issuance.

Investment protection treaties

Poland has concluded investment protection treaties with the following countries: Albania, Argentina, Australia, Austria, Azerbaijan, Bangladesh, Belarus, Bulgaria, Canada, Chile, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, Hungary, India, Indonesia, Israel, Italy, Kazakhstan, Kuwait, Latvia, Lithuania, Macedonia, Malaysia, Moldova, Morocco, the Netherlands, Norway, Portugal, Romania, South Korea, Sweden, Switzerland, Singapore, Slovakia, Slovenia, Spain, Thailand, Tunisia, Turkey, UK, Ukraine, the United Arab Emirates, Uruguay, Uzbekistan, Vietnam, Yugoslavia. The treaties provide that investments made by entrepreneurs from one contracting state will be treated fairly and on an equally favourable basis as domestic investments in the other contracting state.

Text source: Polish Information and Foreign Investment Agency (PAIiIZ)