FinMin to lower CIT for small firms since 2017
15:49
The Ministry of Finance has filed a draft bill with the Chancellery of the President stipulating the lowering of the CIT tax rate from the beginning of 2017. The ministry stressed that the law fulfills the commitment made in Prime Minister Beata Szydło's policy speech.
"Under the proposed project, a lower corporate tax rate will include taxpayers whose sales revenue did not exceed the equivalent of €1.2 million in a fiscal year. It will also apply to those setting up a business," the ministry said.
The changes are aimed at supporting tax payers for whom hindrances to raising capital for investments or distorted competition are the main barriers in operating their businesses.
