Extension of a Standard Audit File for Tax (JPK CIT) reporting deadline
A draft regulation issued by the Polish Minister of Finance and Economy provides for an extension of the JPK_CIT reporting deadline for the largest taxpayers (with revenues exceeding EUR 50 million) and for Tax Capital Groups.
Under the draft, the reporting deadline would be extended to the end of the seventh month following the end of the tax or financial year, i.e. after the statutory deadline for approving the annual financial statements.
At this stage, the proposed extension would apply only to one tax / financial year, i.e. a year beginning after 31 December 2024 and ending before 1 April 2026. At the same time, legislative work is ongoing on a statutory amendment intended to permanently align the JPK_CIT reporting deadline with the deadline for approval of financial statements.
While the extension should be viewed positively, the implementation of JPK_CIT (Poland’s SAF-T–type corporate income tax reporting) remains a significant system and process challenge. It requires, among other things, comprehensive data mapping, adjustments to accounting systems, and alignment of accounting and tax policies.
Should you have any questions or wish to discuss practical aspects of the JPK_CIT implementation, please contact Duszan Wolczyński or Adrian Celiński.