Locked content Income from PIT and CIT shows high dynamics

There is a very high dynamics of income from corporate income tax (CIT) and high, over 20 percent, dynamics from personal income tax (PIT), the head of the Ministry of Finance Teresa Czerwińska said. She added that VAT dynamics is lower. She added that it is too early now to talk about returning to ...

Locked content Tax office to prepare tax declarations for citizens – FinMin

Starting from next year, Poland’s tax authority KAS will start preparing tax declaration for taxpayers, Finance Minister Teresa Czerwińska announced. The declarations will be prepared electronically (for PIT-37 and PIT-38 declarations) based on existing information from the tax office. It will inclu...

Locked content Another record number of electronic tax declarations filed

Over 11 million PIT tax declarations for 2017 were filed via the internet, another record breaker, the Finance Ministry said. Last year, the number of electronic declarations came in at a little over 9.5 million. The Finance Ministry carried out a two-month educational campaign, which included 93 po...

Poland increases tax revenue by over 20% in January

The first month of new year has been quite good for the state coffers with some PLN 6.7 billion surplus. The revenue from taxes was the main reason for the good results, with VAT revenues increased by 25 percent year-on-year and amounted for nearly PLN 22 billion out of PLN 37 billion revenue record...

Unified tax to have rates ranging from 19.5% to 40%

Rates under the proposed new unified tax will range from 19.5 percent to “around 40 percent,” with four or five rates envisaged, while the 19 percent tax for those conducting economic activity will be liquidated. “There is no reason why a company president earning a million a year should pay only 19...