Prawo.pl: Losses from previous years can be deducted when calculating solidarity levy
The Ministry of Finance has changed its mind on the basis for calculating the solidarity levy. It agrees that taxpayers can take into account losses from previous years. It announces a change in interpretations that have been unfavourable to date and a supplement to tax explanations, writes the Prawo.pl portal.
Adam Allen, tax adviser and partner at Thedy & Partners was asked by the Portal to comment on the matter:
– ‘It is good that the Ministry of Finance has finally noticed an obvious loophole in its earlier approach to not being able to account for tax loss when calculating solidarity contribution. This is because so far we have had a situation where the tax explanations (i.e. the lack of possibility to account for the loss) have been more important than the tax legislation itself (the lack of restrictions on the deduction of the loss), he said.
The entire article is available at this link: Danina solidarnościowa a odliczenie strat – MF zmienia zdanie (prawo.pl)