Under the tax provisions, related parties are required to comply with a number of obligations to ensure that they set ‘arm’s length’ prices in transactions between them, i.e. prices that would be acceptable in a comparable transaction between unrelated parties.
The concept of ESG has become increasingly important for the operation of companies, with investors and consumers having high expectations. But what’s behind the acronym and why should your company pay attention to it?
In recent years, an increasing number of businesses have been considering effective ways of recovering debt collection costs. The Polish legislator has addressed this issue in the Act on Combating Excessive Delays in Commercial Transactions (the “Act on Payment Delays”) to combat unfair practices of counterparties.