On September 10, in the Sejm, there was the first reading of the draft of the amendment to the Act on Tax on Civil Law Transactions as drawn up by members of the Sejm. The purpose of the draft is to specify in details the scope of exemptions from the tax on civil law transactions with respect to sale agreements of financial instruments. Pursuant to the draft, i.a. contracts formally concluded outside the stock-exchange market which are however directly connected with that market are also to be tax-exempted.

Kontakt: Lech Gniady

lg@pnplaw.pl