• Expansion Tax Credit

Why Expansion Tax Credit?

Expansion tax credit was introduced into the legal system on January 1, 2022.

It is available to taxpayers who produce their own goods / products.

It gives the possibility of deducting 100% of the costs incurred to expand the sales markets from the tax base.

ELIGIBILITY CONDITIONS

  • The condition for the deduction is an increase in revenues from the sale of products within 2 years of incurring the tax cost paid sale of products to an entity that is not a related entity.
  • The maximum level of deduction is 1 million PLN in a given tax year.

legal basis

  • Art. 26gb of the Act of 26 July 1991 on personal income tax and art. 18eb of the Act of February 15, 1992 on corporate income tax.

real tax savings

19%

Eligible costs

  • Participation in the fair (organization of the exhibition space, purchase of air tickets, accommodation, meals)
  • Promotion and information activities (preparation of: website, press publications, brochures, catalogs and leaflets regarding products; purchase of advertising space)
  • Adaptation of packaging to the requirements of contractors
  • Preparation of documentation for the sale of products (certification of goods, registration of trademarks)
  • Preparation of documentation for the tender and for submitting offers to other entities