If I earn income from foreign investment funds (redemption of units or dividend payments) and the fund does not withhold tax, what are my obligations as a Polish tax resident?

If you are a Polish tax resident and receive income from a foreign investment fund that does not withhold tax, you are required to independently declare and settle this income in your annual tax return (PIT-38).

This means:

• The bank does not issue a PIT-8C for this income.

• The bank does not withhold Polish tax at source.

• The income is not tax-exempt solely because it comes from a foreign fund.
  
  

You must include this income in your annual PIT-38 declaration and calculate and pay the applicable tax in accordance with Polish tax regulations.