Lending on Internet is not a business activity

‘Approximately 68 thousand persons use our services,’ says Dorota Janik from the Kokos.pl. platform. ‘Those, who need cash, organise auctions, where potential creditors can bid.
The borrowers avoid a troublesome bank procedure and pay lower interest than for bank credits, while the creditors earn more on their loans than on a bank deposit. The time of a transaction is what matters – some borrowers have concluded a contract within half a minute since registering in the service.’

Tax authorities: creditors run a business activity.
Network: this interpretation would impede the operation of loan services.
Court: Only flat-rate taxes apply to interest.

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