The draft regulation of the Minister of Finance regarding additional data to be completed in the ledgers subject to submission under the Corporate Income Tax Act

The Ministry of Finance conducted public consultations on the proposed solutions resulting from the draft regulation of the Minister of Finance, published on November 20, 2023. This regulation concerns additional data that must be supplemented in the accounting records subject to submission under the Corporate Income Tax Act and the logical structure of the JPK_KR(2) project.

In the first year of the regulation’s validity, entities obliged to keep records using computer programs and submit them to the competent head of the tax office after the end of the tax year will include: – tax capital groups (PGK) – CIT taxpayers whose revenue exceeded 50 million euros in the previous tax year.

AmCham submitted a letter with comments from member companies to the aforementioned consultations, primarily advocating for the abandonment of the proposed changes in their current form or, at the very least, postponing the effective date of the regulation by a minimum of one year, i.e., to January 1, 2026.

Detailed postulates and comments of member companies are available here.