March 31, 2023 is the deadline for submitting the CbC-P notification for the fiscal year ending December 31, 2022.
Entities are obliged to submit the CbC-P notification if they are operating as a part of international groups whose consolidated revenues exceeded in the prior fiscal year :
➡ PLN 3,250,000,000 - if the consolidated financial statements are prepared in PLN; or
➡ EUR 750,000,000 (or equivalent in another currency) - if the consolidated financial statements are prepared in a currency other than PLN.
In order to submit a CbC-P notification, it is required to identify an entity who is responsible for reporting the information on a group of entities within the scope of CbC-R Form, providing its identification data, address and the country or territory in which the information about the group of entities will be submitted.
Any failure in submitting the CbC-P notification, or submitting it in an incomplete version or inconsistent with the available data, may result in the imposition of an administrative penalty of up to PLN 1,000,000 by the polish Head of the National Tax Administration (KAS).