JPK CIT

Prepare your company for the new reporting obligation

JPK CIT is a new requirement of reporting a company’s financial data to the Tax Office. Starting from January 1, 2025, the largest corporate income taxpayers (limited liability companies, joint-stock companies, associations, cooperatives, and foundations) will be required to submit their accounting records in the form of a Standard Audit File for Accounting Books (JPK KR). It's a good idea to start preparing your company for the implementation of JPK CIT by adjusting internal accounting and tax processes in advance.

Failure to comply with the new requirements, delays, or a failure to submit necessary information will result in hefty fines as outlined in the Fiscal Penal Code.

JPK CIT is an expansion of the current Standard Audit File for Accounting Books (JPK_KR) requiring additional data from CIT taxpayers and detailed entries from their accounting records. This new file will enable tax authorities to identify discrepancies in taxpayers' settlements more effectively, thus making it easier to precisely eliminate non-deductible expenses and identify income unreported for tax purposes.

JPK CIT – Implementation Timeline

The Ministry of Finance has announced that JPK CIT will be introduced gradually for individual taxpayer groups.

January 1, 2025
- Taxpayers with an annual revenue of at least 50 million EUR
- Tax capital groups
January 1, 2026
- CIT taxpayers required to submit JPK_VAT
January 1, 2027
- Other CIT taxpayers

Challenges for Companies

Implementing the JPK CIT obligation will require companies to make improvements in the following areas:

Tools

The obligation to maintain accounting books in electronic form

Processes

Proper flow and recording of tax and accounting data

Implementation

Adapting accounting records to the new JPK CIT file guidelines

Our support

Pre-implementation support

Analysis of processes and existing data, as well as systems used within the company in the context of new reporting obligations:

Review of accounting and tax recording rules, accounting processes, and the configuration of IT systems and reporting tools in alignment with requirements of submitting the JPK_KR_PD and JPK_ST_KR files to the tax administration
Mapping of source data to the JPK_KR_PD and JPK_ST_KR structures
Risk assessment
Recommendations for changes in accounting and tax recording rules, IT systems, and solutions for JPK CIT reporting
Support in adjusting the CIT calculation process

Implementation support

Implementing reporting tools and adapting existing systems:

Support for the internal or external IT team in implementing changes
Testing and analyzing compliance after implementing system and accounting changes
Support in preparing procedures and processes for reporting new JPK structures

Post-implementation support

Checking the compliance and completeness of files before their submission to the tax administration
Developing a procedure for testing prepared files
Conducting periodic tests
Monitoring regulations related to JPK CIT

Get ready for JPK CIT with KR Group

Analysis of the company's financial situation – Determining the mandatory reporting deadline
Analysis of accounting and tax processes in the company
Analysis of IT systems
Implementation of necessary changes in IT systems
Adjusting accounting and tax processes within the company
Internal training on new obligations
Post-implementation audit

Contact

Łukasz Kempa

Head of Tax Advisory, Tax Advisor

l.kempa@krgroup.pl

(+48) 539 677 518

FAQ

Is JPK CIT mandatory? Are any entities exempt from it?

The new reporting obligation for JPK_KR_PD and JPK_ST_KR is mandatory for all CIT taxpayers. The obligation will be introduced gradually for different groups.

Important: Some data in the submitted files will be optional during the first reporting period.

When will JPK CIT become mandatory for CIT taxpayers?

The new JPK CIT obligations will follow a specific timeline, starting from tax years beginning after:

December 31, 2024, for large CIT taxpayers (revenue over 50 million EUR) and tax capital groups
December 31, 2025, for other CIT and PIT taxpayers required to submit JPK_VAT
December 31, 2026, for all CIT taxpayers

Has the Ministry of Finance published answers to taxpayers' detailed questions?

Yes, the Ministry of Finance has published a Q&A regarding JPK CIT. You can find all the answers here: https://www.podatki.gov.pl/jednolity-plik-kontrolny/jpk_pd/pytania-i-odpowiedzi-jpk_pd/

How will JPK CIT impact the activities of tax authorities?

The new reporting format will effectively allow authorities to identify discrepancies in settlements and select entities for tax audits. The broader scope of submitted data will give tax authorities easier access to accounting records, enabling them to detect and combat tax fraud more efficiently.