On 23 October 2026, the Sejm approved changes to the taxation of family foundations (fundacje rodzinne). The amendments subject income from short-term rentals (e.g., Airbnb-style letting) to standard CIT, removing the previous exemption. Additionally, to qualify for CIT exemption on the sale of assets, foundations must hold the assets for at least two years. The bill now proceeds to the Senate for consideration.
Key Takeaways
- Short-Term Rental Taxed: Rental income from leases under 6 months loses its preferential treatment and is taxed at 19% CIT.
- Two-Year Holding Period: Assets contributed to the foundation must be held for 24 months before a tax-free disposal.
- Anti-Avoidance Aim: The changes target the use of foundations for quasi-commercial property flipping and short-term letting.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement