President signs bill on reducing CIT to 15%

On Friday, September 23, Polish President Andrzej Duda signed a bill on corporate income tax (CIT) for small firms, which assumes the reduction from 19 percent to 15 percent as of January 1, 2017. The lower CIT rate will be applied to companies with annual turnover of up to €1.2 million (PLN 5.28 million). Officials hope that lowering…

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