According to the Act amending the Personal Income Tax Act, the Corporate Income Tax Act and the Freedom of Economic Activity Act, starting from January 1, 2017, making or receiving payments related to business activities should be made through the entrepreneur’s payment account whenever a single transaction value, regardless of the number of resulting payments, exceeds PLN 15,000. Transactions in foreign currencies will be converted into zlotys according to the average exchange rate of foreign currencies announced by the National Bank of Poland on the last business day preceding the day of the transaction. One of the consequences of failing to comply with the statutory limits will be that the taxpayer will not be able to recognize as a deductible expense the portion in which the payment relating to the transaction was made without the intermediation of a payment account.
Currently, the limit is 15 thousand euros.