Banks facing higher taxes with Sejm’s CIT Act
Poland’s Sejm has passed an amendment raising the corporate income tax (CIT) for banks from 19% to 23%, with temporary higher rates of 30% in 2026 and 26% in 2027. Smaller firms with revenues below €2 million will pay 13% (up from 9%). At the same time, the bank tax on selected financial institutions will gradually fall from 0.0366% to 0.0293% by 2028. The bill now heads to the Senate.
The government expects over PLN 20 billion in extra budget revenue over ten years, mainly to fund defense and healthcare. Officials argue banks can bear the cost, but the sector warns higher taxes could hurt the economy. Bank profits reached PLN 33.3 billion as of August 2025.
(wnp.pl)
