📋 Tender Overview
The Council of Ministers adopted a bill amending the Act on the Functioning of the Hard Coal Mining Industry, submitted by the Minister of State Assets. The bill provides for an extension of the deadline for suspension of repayment by Polska Grupa Górnicza S.A. of liabilities related to unpaid social security contributions and a loan granted by the Polish Development Fund for large companies.
Key solutions
The deadline for suspending the repayment by Polska Grupa Górnicza S.A. of liabilities related to unpaid social security contributions and a loan granted by the Polish Development Fund for large enterprises will be extended.
The repayment deadline will be suspended until 31 December 2025.
In addition, entities of the so-called New Support System (Polska Grupa Gornicza SA, Tauron Wydobycie SA, W?glokoks Kraj SA) will be exempt from the obligation to pay corporate income tax advances to the tax office.
The exemption from advance payments will be permanent, and the payment of the tax due will be carried out by entities in accordance with the Corporate Income Tax Act, i.e. by the end of the 3rd month of the following year.
The introduced solutions will allow for the financial stabilization of companies covered by the New Support System. Maintaining financial liquidity will translate into maintaining jobs and the country's energy security.
The new regulations are to enter into force the day after their publication in the Journal of Laws, with effect from 1 January 2024.
