Pursuant to the amendment to the Act on Counteracting Excessive Delays in Commercial Transactions, the deadline for submitting a report on the payment terms applied for 2022 has been extended to April 30, 2022.
Entities required to submit a report for 2022
The CIT taxpayers who meet all of the following conditions are required to submit the report:
- the value of revenue obtained in 2021 exceeded the equivalent of EUR 50 million according to the NBP exchange rate as at 31 December 2021, and
- were included in the summary of individual data of CIT taxpayers published by the Minister of Finance (see MF statement) by 30 September 2022.
Tax capital groups and public healthcare entities established by the State Treasury or a local government unit do not have to submit reports.
Person responsible for sending the report
The managers of entities are responsible for sending the report electronically within the statutory deadline. In the event of failure to submit the report on time, all members of the multi-person body will be held responsible.
The manager of an entity is considered to be a member of the board or other management body of that entity, a person performing the function of such a body, and if there is no such body operating in the entity - the person managing its activities. If the report is submitted by a proxy, then when filling out the electronic report creator it will be necessary to attach a power of attorney and confirmation of payment of the stamp duty.
Deadline and method of submitting the report
Currently, the report must be submitted by 30 April each year. However, since the end of the deadline in 2023 falls on a statutory holiday, the deadline expires on the next day that is not a holiday or Saturday, i.e. 2 May 2023.
The report must be submitted using the electronic form (see form). Submitting a report is free of charge.
Scope of the report
The 2022 report should include the following elements:
- the value of cash benefits received in the previous calendar year within the period specified in the contract;
- the value of monetary benefits provided in the previous calendar year within the time specified in the contract;
- the value of cash benefits not received in the previous calendar year by the deadline specified in the contract, for which this deadline was exceeded by:
- no more than 5 days,
- 6 to 30 days,
- 31 to 60 days,
- 61 to 120 days,
- more than 120 days;
- the value of monetary benefits not fulfilled in the previous calendar year by the deadline specified in the contract, in the case of which this deadline was exceeded by:
- no more than 5 days,
- 6 to 30 days,
- 31 to 60 days,
- 61 to 120 days,
- more than 120 days;
- percentage share of individual cash benefits not received in the previous calendar year by the deadline specified in the contract in the total value of cash benefits due to the entity in the previous calendar year;
- percentage share of individual cash benefits not fulfilled in the previous calendar year by the deadline specified in the contract in the total value of cash benefits that the entity was obliged to fulfill in the previous calendar year.
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