Cases

Extension of a payment date

One of our clients put a question to the lawyers of the Law Office regarding the possibility of extending the previously established dividend payment date.

In the tax authorities’ opinion the non-payment of dividends to shareholders in due time and gratuitous usage of funds due to shareholders by the company results in company’s revenue due to unpaid benefits.

The Regional Administrative Court in Rzeszow made a favorable for companies tax interpretation, by claiming that it is possible to change the dividend payment date before the previously established deadline. Under the regulations of the Code of Commercial Companies the above shall not cause the company's revenue from gratuitous pecuniary performance.

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