Dorota Białas

Tax adviser (Poland)
Associate Partner
Phone: +48 71 60 60 402

Following the ruling of the Provincial Administrative Court (PAC) in Wroclaw of 20 March 2014 (file no. I SA/Wr 76/14) and the Provincial Administrative Court in Gliwice of 14 April 2014 (file no. I SA/Gl 1372/13), taxpayers are not obliged to exclude the expenses financed with reverse factoring from their tax-deductible costs

We would like to remind you that since 1 January 2013 tax-deductibility of costs has been made dependent on timely payment of liabilities. Taxpayers should adjust their tax-deductible costs if they do not pay their liabilities within 30 days after the due date elapses, or if the agreed payment term is longer than 60 days – within 90 days from recognising the expenses as tax-deductible costs.

With the above-mentioned rulings the reverse factoring may become a method of financing supplies that helps to avoid practical problems with the regulations on obligatory adjustments of tax-deductible costs.

We would be glad to share more information about this method of accounting improvement and to offer comprehensive  tax advisory in PolandOur experts working in Rödl & Partner offices in Gdansk, Gliwice, Cracow, Poznan, Warsaw and Wroclaw will also answer other tax-related questions that you may have.