This is to remind you of the approaching deadline for the publication of tax strategy reports.

Tax strategy must be reported by:

  • tax groups,
  • other entities liable to corporate income tax whose revenue for the relevant tax year exceeded the equivalent of EUR 50 million.

A tax strategy report must be published by the end of the twelfth month following the end of the relevant tax year. Thus, for entities whose tax years coincide with calendar years, the report for 2022 is due on 31 December 2023.

A failure to comply with this disclosure duty is an offence punishable by a fine of up to PLN 250,000 which is levied by the local tax office by way of an administrative decision.

A tax strategy report should include:

  • information about compliance management processes and procedures ensuring that tax obligations are duly complied with, and about voluntary compliance arrangements with National Revenue Administration authorities;
  • information about how tax obligations in the territory of the Republic of Poland are complied with, including information on the number of tax schemes reported to the National Revenue Administration, broken down by underlying tax;
  • information about transactions with related parties, as defined in Article 11a(1)(4), whose value exceeds 5% of the balance sheet total for the purposes of accounting regulations based on most recent approved financial statements, including transactions with entities that are not tax residents of the Republic of Poland;
  • other information categorised in accordance with the applicable provisions of the CIT Act.

A company’s tax strategy report must be published on its website or, if it has none, it should make it available on the website of its affiliate. A company must give the local tax office an electronic notice with the address of the website where its tax strategy report has been published.

If this issue pertains 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.