Pursuant to the Regulation of the Minister of Finance, Funds and Regional Policy, the remitted PFR subsidies paid under the Financial Packages 1.0 and 2.0 are exempt from PIT and CIT.
The Decree of the Minister of Finance, published in the Journal of Laws on July 19, entered into force on July 20, concerns the abandonment of the collection of income tax on income (revenue) from the remission of financial subsidies or preferential financing granted by the Polish Development Fund (Journal of Laws of 2021, item 1316).
The Decree applies to income (revenue) obtained from June 1, 2021 to December 31, 2022. The abandonment of collecting tax does not affect the eligibility of costs financed with subsidies. These costs are classified as tax deductible costs according to general rules.
The addressees of this solution are entrepreneurs, beneficiaries of support under Financial Packages 1.0 and 2.0 of the Polish Development Fund, for which the value of remitted liabilities due to subsidies constitutes, as a general rule, tax income.