We use cookies to personalise the website and offer you the greatest added value. They are, among other purposes, used to analyse visitor usage in order to improve the website for you. By using this website, you agree to their use. Further information can be found in our data privacy statement.

COVID-19 – no tax to be collected on aid from the Financial Shield


by Joanna Litwińska

23 July 2021


The Minister of Finance signed on 16 July 2021 a regulation waiving the tax on income derived from forgiven subsidies from the Polish Development Fund (PDF).


The content of the regulation

The regulation is addressed to enterprises which are beneficiaries of the financial support obtained under Shield 1.0 and Shield 2.0 of the PDF. As a rule, they should treat the value of the forgiven liabilities on account of the subsidies as taxable income.


According to the Ministry, expenses covered by the subsidy may be included in tax-deductible costs on general principles also if no tax is collected on income from the forgiven subsidy.


Tax will not be collected on revenue (income) earned between 1 June 2021 and 31 December 2022.


Contact Person Picture

Monika Spotowska

Attorney at law (Poland), Tax adviser (Poland)

Associate Partner

Send inquiry


Deutschland Weltweit Search Menu