Amendment to the Family Foundation Act – Good Intentions, Bad Solutions?

It is good that the drafters of the bill have abandoned the idea of retroactive application of the law – this is an important step toward respecting the principle of legal certainty. Unfortunately, that’s where the list of good news ends.

In the latest article on Prawo.pl, Wojciech Niedźwiedzki, Partner, Legal Counsel and Tax Advisor, together with Izabela Andrzejewska-Czernek, Legal Counsel and Doctor of Laws, analyze the flaws of the proposed amendment and show how the tax system can truly be tightened without undermining the very idea of the family foundation.

Why is extending the period from 24 to 36 months an unjustified decision?

How does the draft promote consumption instead of reinvestment?

Is it possible to “seal” the regulations while keeping the government’s promise without losing face?

Read the full article: LINK