Calculations resulting from corporate income tax (CIT)

The increasing role of the process automation in the contacts between the Ministry of Finance and the taxpayer as well as the trend of the audits we have been observing indicate that the Ministry of Finance treats the CIT area with high priority.

This can be evidenced by the amendment to the CIT Act which introduces the obligation to prepare and disclose to the public the information on the tax strategies for larger taxpayers. This action aims to increase the transparency of tax settlements of the largest CIT taxpayers in Poland.

In the face of the progressive automation of processes, it is worth thinking about this in your own company and analyzing how you can streamline CIT tax reporting to free up the time for data analysis instead of its preparation.

Find out how we can help your company

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Check out our support for automating tax calculations under the CIT Act

Preparation of calculations and declarations concerning the corporate income tax CIT including the following:

  • annual CIT calculation with all the required elements,

  • allocation to separate the income sources,

  • tax calculations for investment tax credits/SEZs,

  • supporting statements indicating the differences between financial result and tax result, including for deferred tax purposes,

  • calculation of cost limits according to CIT Act (including Article 15c of the CIT Act or Article 15e of the CIT Act),

  • dedicated reports on e.g.: remuneration costs, vehicle expenses, costs of fixed asset modernisation, representation expenses, R&D expenses,

  • CIT-8 and attachments including for example: CIT-ST, CIT-WZ, CIT-8S.

Preparation of annual withholding tax returns based on the details of payments to foreign entities including:

  • CIT-10Z – reporting the amount of withholding tax paid

  • IFT-2R – reporting payments for services subject to withholding tax

Contact us

Marcin  Sidelnik

Marcin Sidelnik

Partner, PwC Poland

Tel: +48 502 184 961

Magdalena Brzuszczyńska

Magdalena Brzuszczyńska

Director, PwC Poland

Tel: +48 519 508 295

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