This is to let you know that the Polish COVID-19 emergency legislation has been amended, with the amending act (called the Act of 31 March 2020 to Amend the Act on Special Measures to Prevent, Counter and Combat COVID-19, Other Infectious Diseases and the Related Crisis Emergencies, and Certain Other Acts, and popularly known as the “Anti-Crisis Shield”) published in the Polish Journal of Laws on 31 March 2020. The legislation is intended to support businesses and counteract the economic impact of the COVID-19 epidemic.

According to the legislation, the deadline to file the transfer pricing report TP-R has been extended until 30 September 2020 for entities whose tax year began after 31 December 2018 and ended before 31 December 2019.

Moreover, the government has prepared draft legislation called “Anti-Crisis Shield 2.0”, which extends other reporting deadlines for transfer pricing documentation. According to this proposal:

  • the date to submit the local file would be moved to 30 September 2020 for entities whose tax or financial year began after 31 December 2018 and ended before 31 December 2019;
  • the date to submit the master file would be moved to 31 December 2020 for entities whose financial year began after 31 December 2018 and ended before 31 December 2019.

Note that those extensions of time for submission of transfer pricing documentation are available only for associated enterprises whose tax year was shorter than 12 months and ended before 31 December 2019.

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.