JPL_CIT: Extended deadline for submitting accounting and tax return data in Poland
Between 1 January 2025 and 2027, companies are gradually being required to report detailed financial data in a standardised electronic format, the JPK_CIT. The deadlines for submitting the JPK_CIT report have now been extended. Ecovis experts explain the implications for affected companies.
JPK_CIT is a new reporting obligation introduced by the Ministry of Finance, which requires taxpayers to send files containing detailed financial and tax data in electronic form.
Change to the deadlines for JPK_CIT reporting
Originally, taxpayers were required to send JPK_CIT files to the competent tax authority after the end of the tax year, by the deadline for filing the annual tax return for the relevant tax (financial) year, i.e. by the end of the third month following that tax (financial) year. These deadlines have been provisionally extended by a Ministry of Finance decree.
Under the draft bill to the corporate income tax act, the deadline for submitting files will be permanently extended to the end of the seventh month following the end of the tax year.
This solution will give companies more time to fulfil this obligation, which will streamline the process and reduce the risk of errors, as well as the need for corrections. The amendment provides a permanent solution to this issue.
At the same time, new provisions will be introduced under which a power of attorney to sign a declaration submitted via electronic means of communication (form UPL-1) will also apply to the submission of JPK files. Thanks to this change, there will be no need to establish new powers of attorney.
We will support you in the tax and technical transition to the JPK_CIT report.
Hubert Kaczyński, Tax Advisor, ECOVIS Poland, Warsaw
Practical aspects of the changes
The key substantive challenge related to the new regulation is to ensure the correctness and completeness of the data contained in JPK_CIT files. Above all, the definition of accounting tags, which will enable the unambiguous identification of accounting information in tax systems.
Adapting a company to JPK_CIT reporting may require the implementation of modifications to IT systems and accounting programmes, which may lead to it being not so much a tax project, but an IT and accounting project.
