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Dr Ewelina Bobrus-Nowińska
ORCID: 0000-0003-4995-3307

Dr Ewelina Bobrus-Nowińska

PhD, assistant lecturer at the Department of Tax Law at the University of Bialystok, legal advisor.

 
DOI: 10.33226/0137-5490.2020.12.6
JEL: K29, K34, K40

The article aims to analyse selected legal changes introduced by the Act amending certain acts to reduce payment gridlocks. The aforementioned act introduced into the income tax laws the relief for bad debts. The creditor has been given the opportunity to reduce the tax base by the amount of the claim, if this claim has not been settled or disposed of in any form within 90 days from the date of its payment specified in the contract or invoice. The debtor was obliged to add the amount of the unpaid liability to the tax base, if the liability has not been settled within 90 days from the date of expiry of the payment deadline specified in the invoice (bill) or contract. The regulations introduce a catalogue of conditions that must be met for the relief mechanism to apply.

Keywords: bad debt relief; late payment; payment gridlocks