Crido Taxand Sp. z o.o.
ul. Grzybowska 5A
phone: +48 (22) 324 59 00
fax: +48 (22) 324 59 01
As informed earlier, on April 2015 the Polish Ministry of Finance published draft amendments regarding transfer pricing regulations. The amendments result from the OECD’s and G20’s recommendations within the framework of the project addressing Base Erosion and Profit Shifting (BEPS). The draft amendments also take into account the comments of the Supreme Chamber of Control.
The draft has been subject to public consultation and assessment by non-governmental organisations, resulting in the publication of the third version of the draft (July 2015). Currently the draft is in the parliament.
After the public consultation, the draft has been amended as follows:
Additionally, most of the regulations are to take effect as of 1 January 2017 (not 1 January 2016 as previously suggested), whereas the first country-by-country report is to be prepared for 2016. As a result, taxpayers will have more time to prepare for the proposed changes.
Also, the following draft supplementary regulations have been published:
We will keep you updated on the status of the above changes.
Please find below the link to our leaflet presenting the new obligations and thresholds: