Property of a liquidated partnership and income tax

30-01-2009

On January 30, 2009 the Voivodship Administrative Court in Warsaw while examining a complaint about an interpretation of the Minister of Finance declared that property to be distributed among partners after the liquidation of a partnership should not to be burdened by natural persons’ income tax. The Court found that tax authorities are wrong when stating that the property remaining after the liquidation constitutes a revenue from property rights (court file no. III SA/Wa 2247/08 and 2248/08).

Contact person: Małgorzata Lewandowska,

mlw@pnplaw.pl

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