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FinMin: Tax threshold to be raised gradually until 2021

12:38

Polish daily Puls Biznesu said the Ministry of Finance is mulling over raising the tax threshold by PLN 1,000 per year until it reaches PLN 8,089 in 2021. The law on the personal income tax threshold was ruled unconstitutional by the Constitutional Tribunal last year, and its validity expires in October. According to the Tribunal, the law doesn't include a mechanism that would automatically increase the tax threshold to a level corresponding to the poverty line. Currently, the tax threshold is set at PLN 3,089 a year, while the poverty line, below which it is impossible to survive, stands at PLN 6,504.    

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