Advanced pricing agreements are a type of agreement with the head of the National Revenue Administration in which it was agreed that the amount and method of calculating the price applied in transactions between the companies of the group would correspond to the market price. The provisions governing the receipt of the agreement are amended, which means the following:
- simplified procedure for applying for a prior price agreement;
- the possibility of submitting an application by a foreign company planning to start up business in Poland;
- limitation of the conditions for inadmissibility of obtaining an APA;
- Standardization of the data contained in the application so that the scope of the application is consistent with that contained in the local file documentation.
Receiving an APA gives taxpayers the assurance that the terms of the transaction will not be challenged by the tax authority.
We would be happy to assist you in obtaining the Pricing Agreement.
Author: Magdalena Stefaniak – Odziemska, tax consultant