Publication date: October 14, 2024
On October 10, 2024, Karol Wolak, of KG LEGAL Kiełtyka Gładkowski took part in the event “Deciphering the codes of drug discovery: application of machine learning in designing compound libraries” organized by Selvita as part of the cyclical meetings of LifeScience Kraków Cluster.
Publication date: October 14, 2024
Crowdfunding is an increasingly popular form of obtaining financing for ventures in which people interested in their success are involved. As part of this method, individual investors have the opportunity to invest money in projects of their choice, which in the future have a chance to bring them profits. Depending on the specific conditions, they can purchase shares in a company or lend the company funds for a specific purpose. At this point, it is worth considering the characteristics of these forms of financing.
Publication date: October 10, 2024
Withholding tax is one of the essential elements of the international tax system, which aims to ensure that countries have the right to tax income earned on their territory by foreign entities. In the context of increasing globalization and dynamic capital flows between national borders, the issue of identifying entities entitled to use preferential tax rates is becoming increasingly complex and important. The key concept in this discussion is the so-called “beneficial owner”, i.e. the actual owner of the income.
The concept of beneficial owner is fundamental in the context of applying double taxation treaties. These treaties often provide for reduced withholding tax rates or exemptions from withholding tax for specific categories of income, such as dividends, interest or royalties. However, in order to benefit from these preferences, the recipient of the income must meet the criterion of beneficial owner of the income. In practice, this means that it is not enough to have a formal right to receive the income; a number of other requirements must also be met.
Publication date: October 10, 2024
There are a number of companies being established in Poland with foreign shareholding structure. In this respect, the conditions that must be met by entities in order to be able to develop their business are important. This is particularly important in the context of the company’s background and the deduction of VAT, in accordance with the applicable Act on the tax on goods and services. In Poland, more and more judgments of the Supreme Administrative Court are being issued, which indicate the need to have an appropriate background in a given company.
Publication date: October 10, 2024
The Polish Ministry of Health will promote free applications that allow monitoring of the health of patients. Applications will be able to receive the title of “MZ Certified Application” (Software certified by the Ministry of Health) for a period of 24 months. According to the regulations for awarding applications the title of Ministry of Health Certified Application, the aim of the competition is not only to find applications that will provide information on health, but will also store data safely and their software will be a medical device.
