At the end of 2018, the deadline for the submission of the CBC-R report by parent companies with their registered office in Poland expires.
A parent undertaking within a group of entities shall, where its results are consolidated in the group’s financial statements and the group’s consolidated revenues exceed EUR 750 million per year, submit a Country-by-Country report for 2017 within 12 months after the reporting year end date.
The entity belonging to the group of entities referred to above notifies the Head of the National Tax Administration that:
- is a parent company, a designated entity or another entity which submits information on a group of entities in accordance with Article 84 section 1 or
- indicate the reporting entity and the country or territory in which the information on the group of entities will be communicated
– at the latest on the last reporting date of the financial year of the group of entities concerned.
Therefore, the CbC-P report for 2018 should be submitted by 31 December 2018.
This deadline applies on the assumption that the reporting financial year is the same as the calendar year.
Author: Paula Arciszewska ? Senior tax consultant