The Ministry of Finance issued a second version of draft transfer pricing regulations that would amend the rules governing the tax treatment of transactions between related parties. Also, three decrees were published that concern: (1) details about the tax documentation requirements; (2) a country-by-country template for taxpayers whose consolidated revenues exceed €750 million; and (3) effective date rules including that the country-by-country reporting would apply for tax years beginning after 31 December 2015.
A first or initial release of draft transfer pricing regulations was made in late April 2015. The second draft (released 15 June 2015) provides for the following:
Read a July 2015 report [PDF 295 KB] prepared by the KPMG member firm in Poland: Amendments to the draft of new transfer pricing regulations
Contact a tax professional with KPMG's Global Transfer Pricing Services.
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