As of January 1, 2025, new provisions of the Tax Code came into force. They stipulate that information on the so-called indirect sources of determining the income of citizens is now transmitted to the STS not only by government agencies, banks, holders of securities registers, public notaries, travel agencies, auditors, etc., but also by payment companies and companies issuing electronic currency. And also persons engaged in entrepreneurial activity, except for patent holders and persons practicing self-employment.
The first reporting period for them is 2025. Data must be submitted to the STS until February 25, 2026. Amendments to the relevant by-law defining the structure, content and method of submission of information have been published.
This refers to information on transactions made by individuals through money transfer systems, as well as data on income and expenses related to the acquisition, ownership or use of vehicles. It will be presented by main types of transactions, including expenses and incomes for purchase, placement, interest on rent, commissions, insurance, etc., incurred or received by individuals when purchasing, owning, or using a vehicle.
Contractual provisions will be taken into account in compiling the information, and reporting will be made for the natural person who appears as the beneficiary in the contract.
In addition, persons carrying on business activities will also be required to report information on the registration/payment of debts owed to an employee, excluding wage arrears during the financial year.
