The Polish Official Gazette published Regulation No. 1928 on 24 December 2024, updating the list of tax havens for corporate income tax. The regulation enters into force 1 January 2025
The provisions apply to transfer pricing documentation prepared for the tax year starting after 31 December 2024. For corporate income tax taxpayers whose tax year differs from the calendar year and began before January 1, 2025, but ends after December 31, 2024, the regulation applies for the first time in the tax year starting directly after that year. The Regulation of the Minister of Finance of 28 March 2019, on the determination of countries and territories applying harmful tax competition in the area of corporate income tax (Journal of Laws, item 600), has also been repealed.
The updated Corporate Income Tax Haven List includes: Anguilla – United Kingdom Overseas Territory; Antigua and Barbuda; Sint-Maarten, Curaçao – countries within the Kingdom of the Netherlands; Kingdom of Bahrain; British Virgin Islands – United Kingdom Overseas Territory;
Cook Islands – Self-Governing Territory in Free Association with New Zealand;
Commonwealth of Dominica; Grenada; Sark – British Crown Dependency; Hong Kong – Special Administrative Region of the People’s Republic of China; Republic of Liberia;
Macau – Special Administrative Region of the People’s Republic of China; Republic of Maldives;
Republic of the Marshall Islands; Republic of Mauritius; Principality of Monaco;
Republic of Nauru; Niue – Self-Governing Territory in Free Association with New Zealand;
Republic of Panama; Independent State of Samoa; Republic of Seychelles; Saint Lucia;
Kingdom of Tonga; United States Virgin Islands – Unincorporated Territory of the United States; and Republic of Vanuatu.
