1 June 2015
Undoubtedly, management of each related entity has to answer a question of whether to prepare tax documentation or choose to rely on luck instead, and a chance of not being summoned by the tax office to submit it. Or, if you have already decided to prepare the documentation, when to do it – during the tax year or after it finishes?
Currently, almost each and every income tax control requires submitting TP documentation. One of the most committed errors between 1 January 2013 and 1 July 2014, in the case of reduction of tax liabilities exceeding PLN 1,000, was lack of TP documentation. This year, tax documentation will also constitute one of tax control priorities (vide The National Action Plan of Tax Administration for 2015).