Webinar: CBAM - new reporting obligations from 1 August 2024

View our webinar recording during which we presented the key findings from the first 9 months of the CBAM mechanism and give you tips on how to prepare for actual value reporting.

27 June (Thursday)
11:00-12:00

View recording

The webinar was in Polish. Viewing the recording is free of charge for registered users.

What is CBAM reporting about?

The CBAM (Carbon Border Adjustment Mechanism), also known as a border carbon tax, is a mechanism for adjusting border prices taking into account CO2 emissions. According to a regulation adopted by the Council and the European Parliament, the introduction of certain goods into the EU entails cyclical reporting of emissions and, from 2026, also the obligation to pay carbon tax.

From 1 October 2023 until 25 December 2025, the CBAM transition period is in force. During this period, importers are required to submit quarterly reports on goods imported into the EU market. For each carbon-intensive product, the value of greenhouse gases emitted during its manufacture must be determined. From 1 August, reports will have to be prepared on the basis of the actual values from the manufacturers of those goods.

What will you learn from the CBAM webinar?

During the event, we analysed the experience and existing market practices related to the CBAM reporting obligation. We presented practical lessons learned and the next steps importers face as the subsequent phases of the transition period approach. We went through the most important data collection requirements for the reports, including the information that the importer will have to obtain from suppliers. We will also touch on the sanctions that might be imposed for non-compliance with CBAM obligations.

View the recording and learn how to prepare for the challenges of CBAM reporting.

CBAM mechanism - webinar agenda:

• Key findings after 9 months of CBAM
• New obligations that await importers after 31 July 2024
• Data that importers must obtain from their suppliers
• Monetary sanctions for non-compliance
• Diligence of CBAM reporting
• Communication with third country suppliers 

Who is the webinar addressed to?

A webinar on the border carbon tax (CBAM) is primarily addressed to:

• Importers
• Customs agencies

Speaker:

• Szymon Lipiński, Tax Consultant, Crowe Poland

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