Gas tax to be introduced next year – media
08:45
According to Puls Biznesu daily, the finance ministry wants to start collecting the tax from companies extracting gas in Poland next year, instead of 2020 as was initially planned.
The tax, which would cover oil and gas extraction, would have 6 and 3 percent rates respectively and would cover mostly state-run, WSE-listed PGNiG. Other companies, like refiners Orlen and Lotos would pay minimal taxes as they don’t have any significant domestic extraction. Analysts estimate that PGNIG will be paying some PLN 300 million per year before any deductions.
A similar tax is being paid by state-run, WSE-listed KGHM for the mining and production of copper. Since 2012, when the tax came in force till August 2018, the company paid PLN 1.17 billion in so-called “copper tax.”
