In The Sejm: Amendment to the CIT Law

Purpose: Limits the earnings of top management in companies subject to the commercial code. Companies could not treat all earnings above the ceiling of 12 times the national monthly average as costs of doing business. Affected: Top management in private companies. Timing: Submitted to Parliament by a group of MPs in October. First reading in January. This proposal found support among the majority of parliamentary caucuses. (This Law Report is exclusively prepared for WBJ/Poland A.M. by Ewa Pawlowska of CEC Government Relations. She can be e-mailed at ewap@cec.com.pl)