Introduction of a simplified procedure for concluding unilateral prior pricing agreements with the content of the draft act of 21 March 2019 on resolving double taxation disputes and concluding prior pricing agreements

The Ministry of Finance has published the positions of entities reported in public consultations on the draft law on the settlement of double taxation disputes and on the conclusion of prior price agreements. The current regulations concerning the rules of obtaining...

Publication by the Joint Transfer Pricing Forum (JTPF assists and advises the European Commission on transfer pricing tax matters.) of a report on the application of the profit split method by related parties

In March 2019, the JTPF issued a report on the use of profit distribution method (PSM) by related parties. The document explains the key issues concerning the application of PSM together with the description of the profit splitting mechanism. In order to gather useful...

MDR ? proper performance of the delayed mandatory disclosure rules between 1 March 2019 and 30 April 2019 qualified as a minor cases

As a rule, the deadline for fulfilling the obligation to submit information on the tax scheme is 30 days. This period is counted from the day following the date of making available, preparation for implementation or from the date of the first implementation step...

Changes in the scope of applying for interpretation of tax law in the case of a transaction with a foreign entity or occurrence of an event having effects in two countries (cross-border effects)

The Act amending the Act on Exchange of Tax Information with Other Countries and Other Acts supplements the provisions of the Tax Ordinance Act with regard to applying for an interpretation of tax law. The Act introduces an obligation for the applicant applying for an...

Changes in the scope of Country-by-Country Reporting, CbC

The Act Amending the Act on Exchange of Tax Information with Other Countries and Other Acts introduces changes regarding to country-by-country reporting (CbC). The Act currently awaits the signature of the President of the Republic of Poland and will enter into force...