Experts from the Lower Silesian KAS conducted a customs and tax inspection at an accounting and bookkeeping company. – The company paid a dividend of over PLN 11 million to an entity registered in Cyprus – reports Agnieszka Rzeźnicka-Gniadek, press spokesperson for the Lower Silesian National Revenue Administration. The KAS proved that, as the withholding agent, the company had neither withheld nor paid the due tax into the state budget.
The spokesperson explains:
The Cypriot entity served as a “shell company.” It did not conduct any actual business, and its shareholders were Polish citizens.
The formal members of the Cypriot entity’s management body were listed as members of more than 150 other business entities registered in Cyprus. The company was managed from Poland, exclusively through authorized representatives. A Cypriot postal address was provided to create the appearance of legality.
She adds:
Experts determined that the company had been established to obtain undue tax benefits.
The company in question corrected its CIT tax returns and undertook to pay over PLN 2 million in tax arrears.