Supreme Court allows tax deduction transfer from housing cooperative to construction company without income recapture.

The Supreme Court of Poland allowed the taxpayer's appeal against the tax authority's decision to recalculate income. The taxpayer had transferred funds from a housing cooperative to a construction company building a new apartment he intended to buy. The court ruled that this transfer did not constitute the withdrawal of a construction contribution under the Income Tax Act. Consequently, the previously deducted amounts did not need to be added back to the 1998 tax liability.