Publication date: February 17, 2025
A consignment agreement is a specific type of civil law agreement, regulated in the Polish Civil Code in articles: 765–773). In the context of the art market, it plays an important role, because it allows transactions to be carried out between the owner of the work and the client through the consignment entity. Particular attention should be paid to the specifics of taxation of these transactions, where a VAT margin invoice is used.
Construction of a consignment agreement
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Publication date: February 12, 2025
The lawyers of KIELTYKA GLADKOWSKI KG LEGAL participated on February 12, 2025, in a webinar dedicated to functional food, organized by LifeScience Cluster.
The speakers discussed the problem of the loophole in the form of the lack of a definition of functional food in both Polish and EU law. Experts proposed a working definition, according to which functional food is a food product that, in addition to providing nutrients, performs additional functions. However, it was noted that this type of food cannot be treated as a substitute for medicines or presented as “medicinal food”. Importantly, functional products are not “safer” than standard food – every food approved for sale in the European Union must meet identical safety standards.
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Publication date: February 12, 2025
Accounting, bookkeeping and economic perspectives — how can they be managed and classified?
How to balance them against accusations of discrimination?
The article practically discusses the differences between a bonus and an award for employees. The article first of all lists the differences between them, how to record bonuses, awards – in accounting books. Then we will focus on the moments when we can talk about the occurrence of discrimination in the awarding of bonuses, how to tax them and awards. The principles of accounting, bonuses and awards for employees and other important information about them will be considered at the end of the article.
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Publication date: February 12, 2025
What are Loot boxes
Loot boxes are boxes in a virtual environment to be purchased through micropayments (e.g.: in games) or premium currency, with the help of which the user draws a digital item that changes the appearance of the character or items (so-called skins) or items that can affect the course of the game. Loot box can be understood as an element of computer games, virtual boxes containing randomly selected virtual items that make it easier for the player to move to the next levels of the game. They can be purchased for real money using micropayments or for virtual money earned in the game. [1] To better illustrate, we can give the example of the game Counter Strike 2. In this game, after finishing the game, the player can receive a box, which requires a key to open, costing about $ 2.50. When the player buys this key, by transferring his money, he can draw a “skin” for the weapon, which changes its appearance and has a specific value expressed in different currencies. As a curiosity, we can say that the most expensive “skin” for this game is worth 400 thousand dollars [2].
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