31 January 2022 is the due date for the filing of the report on payment periods in commercial transactions for 2021 (“Report”).
The duty to file such Reports arises from Article 13a of the Excessive Delays in Commercial Transactions (Combating) Act of 8 March 2013 (consol., Journal of Laws of 08.03.2021, item 424) and applies to the following entities:
- tax groups regardless of their revenue; and
- other corporate income tax payers whose revenue for the tax year exceeded the PLN equivalent of EUR 50 million.
In this context, note also that the Ministry of Development and Technology (“Ministry”) published a new version of its on-line practical guide with FAQs on the Report (December 2021 release, updated on 14 January 2022). Comparing to the November 2020 release, the latest guidance includes additional examples and questions on how to recognise specific payment categories in the Report.
The guide is available (in Polish) on Ministry’s website at https://www.gov.pl/web/rozwoj-technologia/sprawozdania-o-stosowanych-terminach-zaplaty
If these issues pertain to your business and you are interested in our assistance, please contact us.
This blog post is provided for general information purposes to keep you up-to-date with changes in tax law, tax rulings by authorities, case law of courts and interesting commentaries. Doradztwo Podatkowe WTS&SAJA shall not be held legally liable for any acts or omissions resulting from reliance on such information.