Feel free to contact us:(+48) 22 113 14 51

  • CEE Region

    • Are you planning business expansion beyond Poland?

      Choose KR Group - one professional service provider in the CEE region. Our offices are in: The Czech Republic, Romania, Hungary, and Slovakia. Instead of multiplying costs by having one provider per country, collaborate with us! We will help you unleash regional synergy by reducing unnecessary costs and speeding up processes.

  • Czech Republic

    • Czech Republic

      Since 2017, our team supports entrepreneurs in the scope of accounting, payroll and HR, and tax advice. We will help you utilize the potential of the Czech market and expedite your company’s expansion.

  • Romania

    • Romania

      Since 2016, we support our clients by offering payroll-HR services, accounting, tax advice, and tax compliance. We will support your company in entering the Romanian market, and in growing your existing business.

  • Slovakia

    • Slovakia

      Through cooperation with proven suppliers of accounting services, VAT compliance, as well as tax advice, we support companies in expanding their business activity in the Central and Eastern European region.

  • Hungary

    • Hungary

      Thanks to one of the most open European economies, entrepreneurs may count on a favorable place to invest. Since 2016, we support companies in the scope of accounting, tax advice, as well as payroll and HR.

Request for Proposal

The report on payment terms in commercial transactions

The deadline for submitting the 2022 report on payment terms in commercial transactions to the Ministry of Development and Technology is imminent. There is not much time left to fulfill this obligation - the deadline by which the reports have to be submitted is April 30, 2023.
Author:
Jakub Nahorny
TAX Assistant
Aleksandra Kilian
TAX Specialist
Hanna Polańska
Tax Compliance Manager

Who must submit the report on payment terms in commercial transactions?

The obligation to submit the report concerns corporate income taxpayers, whose:

  • income obtained in the tax year that ended in the calendar year preceding the year in which individual taxpayer data is made public exceeded the equivalent of €50 million, and
  • who were included in a compilation published by the Polish Minister of Finance by September 30th of the year for which the report is submitted. The compilation was published here: https://www.gov.pl/web/finanse/2021-bis.

Public entities that are medical entities are exempted from submitting the report.

What doest thereport contain?

The report on payment terms in commercial transactions contains:

  • The value of cash benefits received in the previous calendar year within the period specified in the contract
  • the value of cash benefits met in the previous calendar year within the deadline specified in the contract
  • the value of cash benefits not received in the previous calendar year within the deadline specified in the contract, for which the deadline was exceeded by:
    • not more than 5 days
    • 6 to 30 days
    • 31 to 60 days
    • 61 to 120 days
    • more than 120 days
  • the value of cash benefits not fulfilled in the previous calendar year within the deadline specified in the agreement, in case this deadline has been exceeded by:
    • not more than 5 days
    • 6 to 30 days
    • 31 to 60 days
    • 61 to 120 days
    • more than 120 days
  • the percentage share of individual cash benefits not received in the previous calendar year within the deadline specified in the agreement, in the total value of monetary benefits owed to you in the previous calendar year
  • the percentage of individual cash benefits not fulfilled in the previous calendar year within the timeframe specified in the contract in the total value of cash benefits you were obligated to fulfill in the previous calendar year.

The only way to submit the report is in electronic form.

Important

Failure to submit the report is punishable by a fine of up to PLN 5,000. In case of failure to submit the report on time, all members of the management board shall be held responsible.

Should you be subject to the above reporting obligations, we will be happy to assist you in this regard.

Skrócony formularz EN
Order online advice

Pursuant to the Personal Data Protection Act of 29 August 1997 (Journal of Laws Dz.U. 2016 item 922, as amended), I consent to receive commercial and marketing information from KR Group sp. z o.o. sp. k. with its registered office at ul. Skaryszewska 7, 03-802 Warsaw, and to introduction into the database and processing by KR Group sp. z o.o. sp. k. of my personal data provided in this form. I also acknowledge that my consent is voluntary and that I have the right to review, correct or remove my data.

usersearthmagnifiercrossmenuarrow-right