Sejm in favour of extension of deadlines for transfer pricing
At its last session on 28 April, the Sejm adopted a bill amending certain acts in order to automate the handling of certain matters by the National Tax Administration. The provisions of this act will also extend the deadlines for the submission of statements on the preparation of transfer pricing documentation and transfer pricing information for the year 2022.
The enacted provisions provide that the deadlines will be extended:
– until 30 September 2022 – for TPR information whose deadline for filing expires between 1 January 2022 and 30 June 2022, and
– by 3 months – for TPR information whose submission deadline is between 1 July 2022 and 31 December 2022.
These solutions are to enter into force on the date of publication of the Law in the Official Gazette, but with effect from 31 December 2021.
As regards the extension of the deadlines for filing the statement on preparation of transfer pricing documentation for 2021, the amendment provides for an extension
– to 30 September 2022. – for declarations whose due date expires between 1 January 2022 and 30 June 2022, and
– by 3 months for declarations whose deadline for submission expires between 1 July 2022 and 31 December 2022.
These solutions are to enter into force as of the date of publication of the Act in the Journal of Laws, however with effect from 1 January 2022.
The bill will now be dealt with by the Senate.