Post by account_disabled on Mar 14, 2024 5:35:52 GMT
The execution of a binding order. Execution of binding orders. Likewise the parent company's liability to act in the interests of the group companies is also limited. However, please note that transfer pricing regulations do not exclude this liability. This therefore implies the possibility that in situations where a controlled company does not set a market price in a transaction, the tax authorities can, inter alia, estimate the taxpayer's income to the level expected between unrelated entities. In addition, the tax authorities may impose.
Additional tax obligations up to 20% on the amount of tax payable on disclosed or exaggerated tax losses and on taxable income that is not fully or partially disclosed. The amount of the penalty is determined AWB Directory by the following premises: if the amount of the additional tax liability does not exceed 10,000 PLN, the amount of the additional tax liability exceeds 1,000 PLN, is limited to the surplus exceeding this amount, or if the taxpayer fails to submit tax documents, the amount of the additional tax liability exceeds 1,000 PLN. and the taxpayer failed to submit transfer pricing documentation for a particular transaction. In addition, members of the Management.
Board who sign the form and declare that the transfer price is determined according to market conditions will be subject to personal criminal liability and financial liability if the form is an annual form. The current fines in this regard are up to PLN 1,000.00. From day, month, year, the fines are up to PLN 1,000,000. For this reason, the new changes to the Commercial Company Law have met with a lot of opposition. There is no doubt that these provisions should be adapted to each other. Solution It can be seen from the above that the implementation of the order may lead to significant tax consequences and not only the company but also the management.
Additional tax obligations up to 20% on the amount of tax payable on disclosed or exaggerated tax losses and on taxable income that is not fully or partially disclosed. The amount of the penalty is determined AWB Directory by the following premises: if the amount of the additional tax liability does not exceed 10,000 PLN, the amount of the additional tax liability exceeds 1,000 PLN, is limited to the surplus exceeding this amount, or if the taxpayer fails to submit tax documents, the amount of the additional tax liability exceeds 1,000 PLN. and the taxpayer failed to submit transfer pricing documentation for a particular transaction. In addition, members of the Management.
Board who sign the form and declare that the transfer price is determined according to market conditions will be subject to personal criminal liability and financial liability if the form is an annual form. The current fines in this regard are up to PLN 1,000.00. From day, month, year, the fines are up to PLN 1,000,000. For this reason, the new changes to the Commercial Company Law have met with a lot of opposition. There is no doubt that these provisions should be adapted to each other. Solution It can be seen from the above that the implementation of the order may lead to significant tax consequences and not only the company but also the management.