- The letter confirms that the recipient’s position on the tax consequences of participating in a cash pooling structure is correct.
- The recipient is a company that provides digital retargeting services and is part of a larger group of companies.
- The group of companies plans to enter into a cash pooling agreement to centralize their financial liquidity.
- The agreement will involve several entities from different countries.
- The structure of the agreement includes an agent, three sub-agents, and other participants.
- The agent will only transact directly with the sub-agents, not with the other participants.
Source: sip.lex.pl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
