CIT taxpayers will soon be obliged to send their accounting books to tax authorities in a form based on the current JPK-KR (so-called JPK-CIT). Taxpayers will be obliged to send data without a request, together with their annual tax return. The tax office will therefore have regular access to their settlements. This means that tax authorities will be able to select entities for inspection even more effectively.
No postponement of JPK-KR entry
The Ministry of Finance does not plan to postpone the entry of JPK-KR in its new form. This position is a response to numerous appeals from taxpayers to postpone the implementation date of the new regulations. This means that the largest companies will have to keep appropriate records from 2025. However, the Ministry of Finance is planning certain improvements to facilitate the transition to the new system.
Consensus conference of the Ministry of Finance
On 1 March 2024, an agreement conference was held with the Ministry of Finance regarding the scope of JPK-KR requirements in the new form. The presented scope of changes to the draft regulation and the proposed scheme is broader than that resulting from the response of the Ministry of Finance to taxpayers’ demands published on 27 February 2024. Below we present the most important conclusions resulting from the arrangements:
- JPK CIT – deadlines remain unchanged, but the schema will be updated,
- The Fixed Assets Register will be separated into a new schedule, optional in the first year;
- Fundamental simplification of reporting of the settlement node (CIT), optional settlement node in the first year of the Regulation,
- Account tags remain, but there is a change for MSSF: they will be dedicated and optional in the first year of the regulation;
- Waiving the obligation to indicate the names of contractors;
- KSeF number required only for own sales transactions;
- It will be possible to divide annual files into smaller ones;
- The Ministry of Finance announces the publication of a new draft scheme soon, followed by renewed public consultations regarding JPK KR in a new version.
How to prepare for the entry into force of JPK CIT?
The process of adaptation to JPK CIT may require changes to the accounting methodology in order to include all required elements. The new regulations will make it necessary for entrepreneurs to adapt their financial and accounting systems and/or implement new IT solutions in order to prepare for the requirements in question. The current method of accounting for CIT and the CIT calculation process itself must also be reviewed. Importantly, the planned scope of data for the new updated JPK_KR under the CIT JPK regulations will require the reconstruction of both the general ledger and subsidiary ledgers.
