Entities required to prepare transfer pricing documentation, both under the Personal Income Tax Act and the Corporate Income Tax Act, are required to submit transfer pricing information to the Head of the National Revenue Administration for the previous tax year.

On 23 August 2025, an amendment to the restructuring law came into force, implementing the so-called ‘Second Chance Directive’. The new regulations are intended to harmonise the rules for restructuring companies across the European Union and increase the effectiveness of bankruptcy prevention proceedings.

From 2 to 27 November, the annual conference of the largest international bar association, IBA 2020 VIRTUALLY TOGETHER, is taking place.

Declaring consumer bankruptcy is one of the most common forms of legal debt relief in situations of permanent insolvency of a natural person. This procedure has been designed for debtors who do not run a business and are unable to settle their liabilities on time.

The restructuring process is an important tool for companies that find themselves in financial difficulties. In Poland, the law provides for several forms of restructuring proceedings, including rehabilitation proceedings and composition proceedings.

This article will discuss one of the short-term types of public aid resulting from the Act of 16 July 2020 on granting public aid for the rescue or restructuring of entrepreneurs (Journal of Laws of 2020, item 1298), [hereinafter referred to as the Act], i.e. rescue aid.

On 25 July 2025, the Sejm of the Republic of Poland passed an act amending the Restructuring Law, the Bankruptcy Law and the National Debt Register Act. On 5 August this year, the amendment was signed by the President of the Republic of Poland and will become binding law 14 days after its publication in the Journal of Laws.

Financial problems can happen to anyone and are often the result of unfortunate random events such as job loss or serious illness. In such situations, feelings of overwhelm become commonplace, and getting out of debt may seem unattainable. One of the solutions offered by the Polish legal system is consumer bankruptcy.