JPK_CIT regulation signed by Finance Minister

On 16 August 2024, the Finance Minister signed a regulation concerning additional data to be inserted in books of account that are to be submitted under the Corporate Income Tax Act (“Regulation”). You may want to know that the new law enters into force on 1 January 2025.

In accordance with the Regulation, the following additional data need to be inserted into books of account:

1) your contract party’s tax ID number, if assigned;

2) invoice ID number assigned by the National E-Invoicing System KSeF, if assigned before submission of the given book (this applies to invoices that qualify as accounting vouchers);

3) account identifiers according to the glossary of account identifiers;

4) data evidencing acquisition or development of tangible or intangible assets, or their deregistration from the relevant accounting register;

5) data on the difference between the accounting result and the tax result measured in accordance with corporate income tax law.

The data mentioned in 1, 2, 4 and 5 above need not be inserted in the first year after entry into force of the JPK_CIT reporting format. In addition, the data mentioned in 3 above need not be inserted in the first year by taxpayers who prepare financial statements in accordance with International Accounting Standards, International Financial Reporting Standards or related interpretations, if promulgated as European Commission regulations.

Comparing to the original draft of the Regulation dated 20 Nov 2023, the final version features a duty to report the fixed assets register (JPK_ST_KR) as of 2025 and elaborates on some guidelines relating to additional data to be inserted in the books.

If this issue pertains to your business and you are interested in our assistance, please contact us.

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