FinMin: CIT tax for SMEs won't be lowered in 2016

Paweł Szałamacha, the Minister of Finance, said that the reduction of corporate tax to 15 percent for small and medium companies won't happen in 2016 as it was earlier announced in the electoral campaign. "It will not be possible to do it," Szałamacha told private radio, Wnet when he was asked whether the tax cut to 15 from 19 percent will be implemented next year. Szałamacha also said that the bank tax to be implemented next year will bring in PLN 6-6.5 billion.