Will JPK_CIT Complicate Profit Transfers?

Taxpayers using accounting software must submit additional data to tax authorities after the tax year ends, aiding profit transfer control.

Mandatory Data Submission

Taxpayers maintaining accounting records must use computer programs and transmit them to the relevant tax authority after the tax year concludes, following the completion of the records with additional data specified in a regulation issued by the minister of finance.

Enhanced Tax Control

Important: This additional data is highly significant. It may serve tax administration to improve control over profit transfers abroad.

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