New Polish legislation implementing EU mandatory disclosure rules (MDR) introduced by DAC6* will be effective from 1 January 2019 (18 months earlier than required under DAC6). The Polish legislation is much broader than DAC6, applying to both cross-border and domestic arrangements, and covering a wider range of taxes. There will be significant fines for failure to report or other non-compliance with the MDR. Anyone undertaking transactions involving Poland should consider the impact of the new rules.
EU Mandatory Disclosure Regime