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Poland to Introduce Simplified APA Procedure for Low-Value-Adding Services, Trademarks, and Know-How Transactions

|Proposed Changes|Poland
Poland

Poland's Ministry of Finance is reportedly finalizing regulations for the introduction of a simplified advance pricing agreement (APA) procedure in respect of intra-group transactions involving low-value-adding services and the payment of royalties for trademarks and know-how. The simplified APA procedures generally provide for reduced documentation requirements in respect of such transactions. To apply, a taxpayer's taxable income must account for at least 1% of revenue in two of the previou…

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