On 13 September 2022, the Polish Official Gazette released Ordinance Nos. 1923 and 1934, clarifying transfer pricing information in the scope of personal and corporate income tax. The ordinances include the following tax measures:
- Defining the scope and content of transfer pricing information.
- Clarification of information related to small and micro businesses, controlled transactions, residency status and the identity of affiliated companies.
- Explanation of the methods of preparing transfer pricing information as described in the annexes to the ordinances.
The ordinances come into force on 27 September 2022 and apply to transfer pricing information that is transmitted for the financial year beginning after 31 December 2021.
