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  • Dividend advances with a deduction
Tax Alert:

Dividend advances with a deduction

24 August 2022

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

Where an advance is paid out towards a future dividend, the company, as the tax remitter, should withhold and pay 19% flat-rate personal income tax and at the same time apply a reduction by the relevant coefficient related to taking into account the Estonian CIT paid by the company.

More details available in our Alert.