Select your language

Select your language

Changes of 17 June 2013 introduced to the Minister of Finance Decree on transfer pricing – part 3: The right to remuneration for business restructurings

The amended Decree on transfer pricing in a very general manner indicates the remuneration for restructuring. The OECD Transfer Pricing Guidelines of 22 July 2010 have a full chapter dedicated to this matter (Chapter no IX). Therefore in case of doubts it is possible to be guided by the OECD Guidelines, Chapter IX.

Below we quote the first 3 sections of the Polish transfer pricing decree on business restructurings:

§23a.
1. Tax controllers examine the terms of business restructurings agreed or imposed between related parties with the terms which would have been agreed between independent parties.

2. Business restructurings mentioned in section 1 means the transfer, between related parties, of economically relevant functions, assets or risks.

3. The examination mentioned in section 1 should consider the business reasons for the business restructurings, expected benefits from the restructurings, including the effect of synergy, and realistic options available for the related parties involved in the restructuring.

Taxpayer should review their transactions concluded in the past that might be recognized as business restructuring in the above meaning of section 2. Furthermore, taxpayers should review their transfer pricing documentation to see if it sets out arguments that will allow to protect the taxpayer from income adjustment and from tax on restructuring (so called exit charges).

mapa

Tax Advisory Company TCA Advisers Ltd

Registry Court No KRS 0000285612
NIP: 525-23-98-200
Regon: 140956595
ul. Stara 11/1
00-231 Warsaw

ul. Stara 11/1
00-231 Warszawa

tel.: +48 502 405 439
e-mail: tca@tca.com.pl
e-mail: konsultant@tca.com.pl

 

Zastrzeżenie:
Informacje zawarte na nn. stronie mają charakter ogólny (nie mają charakteru pełnego i wyczerpującego) – w szczególności nie stanowią porady ani opinii prawnej.
Disclaimer:
Information presented on this site is of general nature (it is not complete nor detailed) – in particular it cannot be treated as advice nor a legal opinion.