cooperation plan

settlement of tax credits – when do savings arise?

  • SETTLEMENT WITHIN THE STATUTORY DEADLINE – in accordance with Polish tax law and the mechanism for settling tax reliefs, submitting a tax return that includes the settlement of reliefs reduces the amount of the tax base, thus reducing the amount of income tax to be paid, thus savings arise at the time of submitting the tax return for the first time for a given tax year (within the statutory deadline)
  • SETTLEMENT WITHIN CORRECTION – in the case of settling tax reliefs by submitting a correction to the tax return, the savings arise after the refund of the tax overpayment in respect of these savings, or after submitting an application to credit the amount of the tax overpayment against other tax liabilities, or after crediting the overpayment ex officio against other liabilities tax, whichever comes first

Why EPSA?

Scope of services under Tax Credits:

  • Consulting in the field of procedures and processes as part of R&D activities
  • Ongoing monitoring of available tax credits and public funding opportunities
  • A dedicated team of experts in the areas of: tax, financial and technical
  • Business analysis – separation of projects and costs eligible for settlement
  • Preparation of documentation confirming the analysis – in the financial and technical part
  • Calculation of costs – and assistance in completing the necessary documentation for settlement
  • Support during verification activities, tax inspections and tax proceedings conducted by tax authorities (concerning tax credits), until the tax return expires