Poland: Transfer pricing measures in proposed tax legislation
Proposed tax legislation would extend the deadline for submitting transfer pricing documentation.
Extend the deadline for submitting transfer pricing documentation
Proposed tax legislation, released 26 July 2021 for public consultation, includes measures that would amend the corporate income tax, individual (personal) income tax, and other tax laws.
Regarding transfer pricing, the proposed measures would:
- Simplify and clarify the requirements for signing the statement regarding transfer pricing documentation
- Provide new exemptions from transfer pricing documentation obligations
- Extend the deadline for submitting transfer pricing documentation
- Amend the rules for making transfer pricing adjustments
- Revise the related tax penalty regime
Read a July 2021 report prepared by the KPMG member firm in Poland
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