The Polish Parliament has passed a law implementing public Country-by-Country (CbC) reporting in accordance with the requirements of Directive (EU) 2021/2101. This legislation establishes a public reporting threshold for companies with annual consolidated revenues of EUR 750 million over the past two consecutive financial years. Companies must make these reports publicly accessible within 12 months after the fiscal year ends, applicable to fiscal years commencing on or after 22 June 2024.
Related Posts
Poland clarifies DAC6 reporting rules for legally protected professional secrecy
March 14, 2025
Poland's Ministry of Finance issued a release on 12 March 2025 on reporting tax schemes under DAC6 mandatory disclosure rules in cases of professional secrecy. The Minister of Finance clarified that professionals, under national law, authorised
Read More Poland extends reverse charge for gas, electricity, and greenhouse gas emissions transfers
March 11, 2025
Poland's Ministry of Finance has announced that the VAT reverse charge mechanism for transactions involving gas, electricity, and greenhouse gas emission allowance transfers will be extended to 31 December 2026. The mechanism was initially planned
Read More Poland: CJEU rules tax exemption for external investment funds breaches EU law
March 07, 2025
The Court of Justice of the European Union (CJEU), in its ruling C-18/23 on 27 February 2025, established that the Polish tax exemption for externally managed nonresident investment funds violated the free movement of capital under EU law. Under
Read More Poland: EU Council extends VAT split payment system to February 2028
March 07, 2025
The EU has authorised Poland to extend its split payment system for VAT on 28 February 2025 under the Council Implementing Decision (EU) 2025/373 of 18 February 2025. The authorisation has been published in the EU's Official Journal on 28 February
Read More Poland: Finance Minister consults R&D tax relief changes under GloBE rules
March 04, 2025
Poland's Minister of Finance, Andrzej Domański, met with entrepreneurs and tax advisors to discuss proposals to adjust the research and development (R&D) tax relief to the GloBE system on 21 February 2025. This announcement was made by
Read More
Poland proposes changes to DAC6 disclosure rules
February 27, 2025
Poland’s Ministry of Finance has proposed amendments to the mandatory disclosure rules (MDR) for potentially aggressive tax arrangements on 17 February 2025. The draft law aims to improve relations between taxpayers and tax authorities and
Read More