30 April 2024 is the deadline for preparing a report on payment terms in commercial transactions for 2023.
Taxpayers other than tax capital groups who meet all the following conditions are obliged to submit the report:
- the value of revenue obtained by them in the tax year that ended in the calendar year preceding the year in which individual taxpayers’ data were made public exceeded the equivalent of 50 million EUR converted into PLN at the average euro exchange rate announced by the National Bank of Poland on the last business day of the preceding calendar year the year of making individual taxpayers’ data public;
- their individual data were made public by the minister responsible for finance by 30 September of the year preceding the obligation.
Who is not obliged to submit a report?
Reports do not have to be submitted by public entities that are medical entities, medical entities that are capital companies established by the State Treasury or by a local government unit, or, as mentioned earlier, companies that are members of tax capital groups.
What should the report contain?
- the value of monetary benefits (as appropriate) received/paid in the previous calendar year within the period specified in the contract;
- the value of monetary benefits (respectively) not received/unfulfilled in the previous calendar year within the deadline specified in the contract, for which this deadline was exceeded by:
- a) no more than 5 days,
- b) 6 to 30 days,
- c) 31 to 60 days,
- d) 61 to 120 days,
- e) more than 120 days;
- percentage share of individual cash benefits not received in the total value of cash benefits due to this entity in the previous calendar year;
- the percentage share of individual unfulfilled monetary benefits in the total value of monetary benefits that this entity was obliged to provide in the previous calendar year.
Form and method of submitting the report
Managers of obligated entities should submit the report by April 30, 2024. The report should be submitted only in electronic form using an electronic form available on the biznes.gov.pl website. Failure to submit, obstruct or prevent the submission of the above report on time constitutes an offense and is punishable by a fine.
