More companies will take advantage of the preferential CIT at the rate of 9%

At present the legal provisions are inconsistent and create the risk of paying a high tax during a year. The CIT rate of 9% is actually possible while meeting two limits simultaneously:

–  entity holds a status of a small taxpayer, which means that its revenues from sales (together with the due VAT) from the previous tax year do not exceed 2 million euros and

– entity’s revenues from the current tax year do not exceed 1.2 million euros.

However, this is about to change. From January 2021 an alteration is to take effect which consists in increasing the limit of revenues from the current tax year to 2 million euros. This means leveling these two values (limits) different so far.