Weddings and Taxes...
- Jan 11
- 1 min read
👰♀️ Planning a wedding or reception? Don't forget about Inheritance and Donation Tax!
Otherwise, you risk paying a penalty tax of up to 75% on received gifts, as well as facing fiscal penal sanctions.
👉 How to avoid this?
Check the tax group of each guest based on their relationship (kinship) to you.
Prepare a specific guest list, indicating which tax group each person belongs to and the value of the gift received.
Verify if the value of the gift (and other donations received within 5 years from that specific person) exceeds the statutory threshold (36,120 PLN, 27,090 PLN, or 5,733 PLN).
If the value from point 3 is exceeded, submit an SD-3 declaration and pay the tax in accordance with the Act on Inheritance and Donation Tax.
❕ For high-value gifts — in tax group 0 (e.g., from parents or grandparents), a tax exemption is possible even if the 36,120 PLN threshold is exceeded. To qualify, you must maintain the appropriate form (bank transfer instead of cash) and report the donation within 6 months of receipt using the SD-Z2 form.
❗ Remember: In the event of an audit by tax authorities, you must be able to identify specific amounts coming from specific donors. Therefore, a guest list with assigned amounts is crucial.
This position was confirmed by the Director of the National Revenue Information (KIS) in the interpretation dated August 6, 2024, ref. no. 0111-KDIB2-2.4015.78.2024.1.PB.
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