International Monetary Fund: Poland should tax bank savings and capital gains

The IMF is also pressing the Finance Ministry to start levying taxes on bank savings and capital gains. In a report about Poland, very critical of the Polish social security and tax system, the Fund was supportive of the proposed 22% corporate tax. The Finance Ministry has pledged to consider some of the IMF recommendations in its planned tax reform of 2000. Most parliamentarians feel the report failed to address the economic realities of Poland on issues concerning social security, health and education. (Rzeczpospolita, page 1)