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.
CBC-R
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.
CBC-P
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
