Jonas23 napisał(a):I am new to investing in Poland and also to the local tax system. With the end of the year, I am trying to figure out how I should tax the income from trading. From what I read the brokers usually send out to clients the PIT-8C. But are the brokers OBLIGED to send the PIT-8C or is it just common practise?
Thank you in advance for helping out!
Dear Jonas,
Do you have a specific broker in mind or asking in general?
The brokers registered in Poland and regulated by local authority prepare and deliver PIT-8C despite the lack of strict regulation in the tax code. This procedure is derived from the Article 39 Paragraph 3 of personal tax code and it is a common practice. Needless to say, the foreign brokers do not follow it so you need to declare your taxable income based on your records.
You need although to start with your tax residency status and define where the capitals gains should be taxed first.