Have you heard of the ICAP programme?
ICAP (International Compliance Assurance Program) is a voluntary programme to analyse and assess transfer pricing risks. The ICAP programme is carried out in cooperation with the OECD and currently more than 20 tax administrations, including Poland, are members.
As the MF informs – taxpayers who want to gain increased tax certainty for some of their activities and low-risk transactions can join the programme.
Admittedly, ICAP does not guarantee taxpayers the legal certainty that can be gained, for example, through advance pricing agreements (APAs). However, because of the taxpayer’s cooperation with tax administrations, ICAP can help eliminate unnecessary tax risks before a formal audit or tax investigation takes place.
The next call for the ICAP programme expires on 30 September 2024.
Feel free to contact us if you are interested in the ICAP programme – Jakub Matla.