International taxation

International taxation
The tech industry is international by nature. Cooperation with foreign businesses, international licenses and high mobility of IT specialists or engineers are part and parcel of the industry, or even the basis of its operation. The international nature of business also has consequences in terms of taxes. Payment of dividends, interest or royalties to foreign entities, the acquisition of services from related foreign entities or cooperation between foreign entities with IT consultants or engineers residing in Poland requires knowledge of concepts such as withholding tax, shifted income, tax establishment, tax residence or centre of vital interests.
International tax regulations are frequently modified to adapt those introduced many years ago to the rapidly evolving business model of the technology industry. Due to the complexity of international tax regulations and the frequent changes in them, more and more time is required to ensure not only the compliance of the business model with the requirements of tax law but also the effectiveness of this model.
Being aware of how entrepreneurs need to focus their attention on their core business, the Tax Kraft team offers clients comprehensive support in dealing with the international tax aspects of business.