The new legislation regarding the exchange of tax information with other countries was signed by the President on 20 March 2017. The Law provides information on obligations of financial institutions and the automatic exchange of country-by-country (CbC) reports. Entities belonging to groups with a registered office or permanent establishment (PE) in Poland shall provide the group information for the reporting year. The new legislation provides rules requiring disclosure and exchange of information on entities within the group including revenue, realized gain (loss) before tax, income tax paid and payable, penalties, capital, ROE, number of employees and tangible assets other than cash and cash equivalents.
Related Posts
Poland: Delay proposed for parts of mandatory e-invoicing system (KSeF)
April 17, 2025
Poland’s Ministry of Finance has proposed a legislation on 12 April 2025 to delay the ban on using cash register invoices and Polish tax identification number (NIP-bearing receipts) as simplified invoices. The proposed law also calls for the
Read More Poland gazettes consolidated transfer pricing rules for corporate tax
April 11, 2025
Poland published the updated consolidated text of the transfer pricing regulations related to corporate income tax in the Official Gazette on 8 April 2025, reflecting the provisions which have been in effect from 21 March 2025. The provisions of the
Read More Poland updates law to include new Pillar Two administrative guidelines
April 10, 2025
Poland's Ministry of Finance is working to finalise a draft legislation to amend the Equalization Tax Act for International and Domestic Groups, implementing the Pillar Two global minimum tax under EU Directive 2022/2523 of 14 December 2022. This
Read More
Poland excludes some EU non-cooperative jurisdictions from harmful tax competition list
March 20, 2025
Poland’s Minister of Finance issued a notice on 8 March 2025 identifying countries and territories listed on the EU's register of non-cooperative jurisdictions but not on Poland's list of nations engaging in harmful tax competition for individual
Read More 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