IP Box is a tax relief that came into force on January 1, 2019 and it allows to apply a preferential PIT or CIT rate to income from qualified intellectual property rights. The main aim of IP Box is to stimulate the market of technologies and innovative solutions. In this case, the taxpayer benefits from taxation of income at a rate of 5%, instead of the tax scale (17 and 32%) or the flat rate for business activity (19%).
More and more programmers decide to implement the IP Box tax relief, but unfortunately, it is associated with difficulties related to obtaining an individual tax interpretation. Tax authorities ask a significant number of questions requiring the completion of the factual description (of the future situation) presented in the application. Only a carefuly prepared individual interpretation of the IP Box guarantees full protection for the programmer.
So how can programmers minimalise the risk of receiving a negative individual interpretation?
Programmers, who want to reduce the uncertainty related to the use of the IP Box tax relief, as well as to protect themselves against possible problems that may arise while trying to obtain a positive individual interpretation, should examine the facts in detail, collect all the necessary documents and secure an individual interpretation, use the tax relief safely – notes Tomasz Kocowski.
More information: Prawo.pl