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Inheritance and gift tax, deregulation act, donation tax. It’s signed by the president

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President Andrzej Duda signed the deregulation act. The new regulations introduce changes to several legal acts. The Act increases, among other things, the amounts exempt from inheritance and gift tax, but also introduces limits for donations received from many people.

The introduction of limits on donations received from many people was referred to by the media as the “wack-in tax”. At the beginning of February Prime Minister Mateusz Morawiecki he declared that he would not allow “this to affect in any way the issues of raising funds for charities and initiatives of this type.” He informed that he had instructed the Ministry of Finance to clarify these issues immediately.

The changes, thanks to which there would be no “tax on whip-offs”, were proposed during the work in the Sejm on the draft amendment to the VAT Act regarding the so-called Slim VAT package 3. The Sejm passed the act last week.

But the “waste-in tax” was also included in the deregulation act passed by the Sejm at the end of January, i.e. the act eliminating unnecessary administrative and legal barriers. The Senate wanted the act to be rejected in its entirety. The president signed the bill on Friday.

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Donation Limits

Act raises tax-free amounts from inheritances and donations, but also introduces limits for donations received from many people. It is anticipated that it will be released from inheritance tax and donations, acquisition of ownership of things and property rights with a pure value exceeding PLN 36,120 per person or PLN 108,360 per person over a period of 5 years – if the purchaser is a person included in the first tax group.

In turn, in the case of a buyer classified in the second tax group, the acquisition of ownership of things and property rights worth PLN 27,090 from one person and PLN 81,270 in the case of acquisition from several people will be subject to taxation. If the buyer is included in the third tax group, then the limits will be PLN 18,060 for one person and PLN 54,180 for many people.

The 5-year periods that are taken into account will be counted from July 1, 2023.

Tomasz Chołast, member of the management board of zrzutka.pl, pointed out in an interview with “Dziennik Gazeta Prawna” that due to the need to pay additional tax, the new regulations will distance people in need of support from receiving the necessary help, and in extreme cases may prevent them from getting it on time. .

Other changes with the president’s signature

The Entrepreneurs’ Law Act increased the amount of revenue up to which it is possible to run the so-called unregistered activity. The act raises the income threshold to 75 percent. minimum wage for work. Currently, the Act provides for half of the remuneration, which is not exceeded if the condition of non-performance is met business within the last 60 months, it means that there is no need to submit an application for entry in the Central Register and Information on Economic Activity.

The Act also introduces an amendment to the Code of Administrative Procedure, according to which the decision issued in the first instance, the justification of which the authority withdrew from because the party’s request was fully taken into account, is final. The Act also amends the Code of Civil Procedure, the Geodetic and Cartographic Law and the Code of Offenses.

The amendment also introduces changes to the Act on Weapons and Ammunition, e.g. specifying the circle of entities that will be able to obtain a firearms permit for the purposes of personal protection, persons and property due to “the desire to strengthen the defense potential of the Republic of Poland declared by such a person”.

This right will apply to an officer of the Police, the Internal Security Agency, the Foreign Intelligence Agency, the Military Counterintelligence Service, the Military Intelligence Service, the Central Anti-Corruption Bureau, the State Protection Service, the Border Guard, the Marshal’s Guard, the Customs and Tax Service, the Prison Service, an officer of another state armed formation and a professional soldier of the Armed Forces of the Republic of Poland, if he has a service weapon assigned to him, as well as a person performing territorial military service for at least two years.

Main photo source: Shutterstock

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