Poland: MoF issues guidance on preparation of transfer pricing documentation

27 February, 2018

Poland’s Ministry of Finance (MoF) has published general interpretation no. DCT.8201.1.2018 regarding thresholds for the obligation to prepare transfer pricing documentation on 31^st January 2018.

According to general interpretation No.DCT.8201.1.2018:

if revenue or costs are EUR 2 million up to EUR 20 million, the covered transaction threshold is EUR 50,000 plus EUR 5,000 per EUR 1 million of annual revenue over EUR 2 million;
if revenue or costs are over EUR 20 million up to EUR 100 million, the covered transaction threshold is EUR 145,000 plus EUR 45,000 per EUR 10 million of annual revenue over EUR 20 million;
if revenue or costs are over EUR 100 million, the covered transactions threshold is EUR 500,000.

Poland

Like This

Follow @regfollower

«

Previous post
Singapore: Finance Minister presents the Budget for 2018

Next post
Lithuania: Parliament issues a draft bill for the ratification of the BEPS MLI

»

Poland to introduce cash grants amid potential impact of Pillar Two on investment zone incentives

October 17, 2024

Poland's Ministry of Development and Technology (MRiT) announced plans to reform the country's incentives system by introducing cash grants linked to investment profitability. The cash grant incentive regime aims to maintain Poland's

Poland approves cash accounting scheme for eligible entrepreneurs

October 14, 2024

Poland’s parliament approved a new "Cash PIT" regime aimed at individual entrepreneurs who operate their businesses independently and whose revenue did not surpass the PLN 1 million (EUR 250,000) threshold in the previous tax year. The scheme

Poland to raise excise duty on tobacco products

October 10, 2024

Poland’s Council of Ministers approved a bill to raise excise duty rates on tobacco products on 1 October 2024. The tobacco products that are subject to increased excise duty include cigars, novelty tobacco products, raw tobacco, and electronic

European Commission refers Spain, Cyprus, Poland, Portugal to court for failing to transpose Pillar Two Minimum Taxation Directive

October 07, 2024

The European Commission (EC) decided to refer Spain, Cyprus, Poland, and Portugal to the Court of Justice of the European Union for failing to notify measures for the transposition into national law of Council Directive (EU) 2022/2523 of

Poland: Lower House passes VAT exemption, optional cash method for small businesses

October 03, 2024

Poland’s lower house of the Parliament (Sejm) passed the first reading of a bill which allows small businesses with sales in the previous tax year not over EUR 100,000 to receive a value-added tax (VAT) exemption in other EU countries on 27

Poland: Lower parliament evaluates draft law to enact Pillar Two global minimum tax

October 02, 2024

Poland's Sejm (lower house of parliament) is currently reviewing a draft law, submitted on 25 September 2024, to implement the Pillar Two global minimum tax in accordance with Council Directive (EU) 2022/2523 from 14 December 2022. The draft law