JPK CIT
We provide support in verifying account structures, analyzing records, and adapting accounting systems to ensure your company is fully prepared for the new tax reporting requirements.
What is JPK CIT?
JPK CIT is the single audit file for corporate income tax, applicable to entities such as limited liability companies (sp. z o.o.), joint-stock companies, foundations, associations, and cooperatives. Its goal is to enhance transparency in tax data and improve analysis by tax authorities. The obligation to report JPK CIT will take effect on January 1, 2025.
Timeline for the introduction of JPK CIT
The obligation to report JPK CIT will be phased in as follows:
- From December 31, 2024: Applies to CIT taxpayers whose revenue exceeded EUR 50 million in the previous year and tax capital groups. The first JPK CIT report will be submitted by March 31, 2026.
- From December 31, 2025: Reporting will expand to other CIT taxpayers who are already required to submit JPK VAT.
- From December 31, 2026: The reporting obligation will apply to all remaining CIT taxpayers.
Challenges faced by companies with JPK CIT reporting
Introducing JPK CIT presents several challenges, such as:
- Adapting accounting systems to the new requirements, including software updates.
- Verifying and updating accounting data to ensure compliance with new JPK structures.
- Determining which information needs to be reported to tax authorities. Integrating JPK CIT with other sources, such as JPK VAT, TPR, or e-financial statements, requires thorough analysis and preparation.
- Preparing accounting departments for new obligations through training and trial JPK file submissions.
- Conducting tax audits to identify potential risks related to JPK CIT reporting.
How can we help?
- We review your company’s accounting-tax records, processes, and reporting tools for JPK compliance.
- We map the new JPK_KR_PD and JPK_ST_KR structures and identify discrepancies.
- We provide recommendations for changes in accounting records, systems, and tools supporting JPK reporting.
- We offer technical support to IT teams in implementing the necessary changes.
- We help implement tools for preparing and submitting JPK files.
- We perform post-implementation compliance tests and analyze results to ensure full compliance.
- We prepare and implement procedures for reporting new JPK structures.
- We verify the accuracy and completeness of files before submission.
- We provide technical assistance in submitting JPK files.
- We develop procedures for regular file testing and service-based preparation of JPK files.
- We conduct periodic file testing to ensure ongoing compliance.
- We review CIT settlements and verify the accounting records used.
- We monitor changes in JPK regulations and adjust processes to meet new requirements.
- We assist in automating CIT settlement processes and generating JPK files.
- We offer workshops and guidance for accounting departments, supporting the update of procedures and accounting policies.
What’s changing?
Starting January 1, 2025, taxpayers will be required to maintain accounting records electronically and transmit structured data directly to tax authorities. The new regulations mandate detailed reporting, including the register of fixed assets (JPK_ST_KR) and additional data from accounting records (JPK_KR_PD). These reports will be submitted alongside annual tax declarations, increasing the scope of control by tax authorities.
Why choose us?
Recognized for our contribution to economic development, corporate social responsibility, and building a strong and recognizable brand.
Awarded for maintaining high business standards and delivering top-quality service in 2024.
Honored for our social responsibility efforts, effective policies for employees and clients, and numerous social projects.
Ranked in the 2024 Rzeczpospolita tax advisory firm ranking.
What’s covered by JPK CIT?
Taxpayers will be required to report additional data within JPK CIT, including:
- Identification data for contractors.
- Invoice numbers from the National e-Invoice System (KSeF).
- Markers identifying bank accounts.
- Data on fixed assets and intangible assets (acquisition, creation, disposal).
- Differences between accounting and tax results.
- Taxable income, particularly for taxpayers on a lump-sum basis.
What are the costs of support?
We support both large enterprises and smaller companies seeking growth and competitive advantage. If you’re curious about how much you can save and the benefits our collaboration can bring, feel free to contact us.
A conversation is non-binding and could lead to significant savings.
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Have questions? Let’s talk!
Have questions? Let’s talk!
