Poland: Transfer pricing measures in draft bill

Among the changes is a measure to repeal a requirement to follow the arm’s length principle.

Among the changes is a measure to repeal a requirement to follow the arm’s length principl

A draft bill amending corporate income tax provisions enacted as part of the “Polish Deal” was submitted on 25 August 2022 before the Lower House of the Polish Parliament for the first reading—which will take place during the seating on 2 September 2022.

The amendments would become effective 1 January 2023. 

Poland’s government previously released proposed legislation that would, among other items, clarify the obligation of entities required to submit transfer pricing reports and would amend the documentation requirements for transactions with entities located in “tax haven” jurisdictions. In general, the proposed legislation would amend corporate income tax provisions enacted as part of the “Polish Deal.” Read TaxNewsFlash

Among the changes under the draft bill is a measure to repeal a requirement to follow the arm’s length principle and satisfy the documentation obligation for indirect tax haven transactions.

Read an August 2022 report prepared by the KPMG member firm in Poland

 

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