A draft bill added on 4 September 2020 to the legislative agenda includes measures that would amend the transfer pricing rules.
The proposed measures generally concern corporate income tax and individual (personal) income tax laws and would be intended to “tighten up” the Polish tax systems. There are expectations that the proposals could be passed by the Council of Ministers in the third quarter of 2020.
One of the key proposals would make the amount of tax paid by the largest entities, especially multinationals, dependent on the place where the income is actually earned. Concerning transfer pricing, the draft bill would revise the transfer pricing regime by:
Changes in the area of transfer pricing would also affect the rules that currently apply for making transfer price adjustments and also the rules regarding the Local file and the relevant declaration.
Read a September 2020 report [PDF 235 KB] prepared by the KPMG member firm in Poland
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