Taxation on Securities Lending

The Warsaw Stock Exchange publishes this study on taxation on securities lending prepared by the firm Andrzej Paczuski, Andrzej Taudul, Piotr Korszla, Maciej Grochulski Doradcy Podatkowi Spolka Partnerska. The purpose of the study is to describe the main principles of taxation on securities lending for lenders and borrowers including the income tax, the tax on goods and services (VAT) and the tax on civil law transactions.