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  • Limited partnerships can close their books four months later
Tax Alert:

Limited partnerships can close their books four months later

16 December 2020

Rafał Kowalski , Head of Tax Department, Qualified Tax Advisor |

Limited partnerships may decide to pay CIT as of May instead of as of January 2021. In such cases they would close their books of account on 30 April 2021. Their first tax year would also be shorter than 12 months.

More details available in our Tax Alert. If you have any questions don't hesitate to contact us.