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In Brief Two : Brau Union sells Van Pur; Jukos-Polish venture; New Capital gains tax

Brau Union Polska has decided to sell its brewer Van Pur in Rakszawa. The new owner whose name has not been disclosed will have the right to continue the beer production as well as use the Van Pur brand. (Parkiet, p. 6)...One of the largest fuels concerns in Russia Jukos has launched its branch in Poland. (Rzeczpospolita, p. B1)... Polish Currency traders say that new regulations on capital gains taxes ought to be extended to forex and c ommodities markets reducing tax burden on traders stuck in high income tax brackets. Polish parliament has already passed a 19% capital gains starting next year. Day traders attracted by high volatility and greater leverage of currency futures contracts are now taxed at regular rates based on combined income from trading and well as other sources. Trading in forex futures last month totaled zł. 37 million compared with zł. 17 billion in WIG20 index futures traded on Warsaw Stock Exchange (WSE). (Parkiet, p. 1) A.Z ... Three new banks including Eurobank, HSCB Bank Polska, and Dominet Bank are p lanning to enter the retail market. They want to run their businesses on similar markets that are in large and medium cities where the number of branches is the largest. They intend to compete over the same customer. (Rzeczpospolita, p. B1) A.Z.

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