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Kowalczyk: income tax threshold to be decided by November 30

11:26

Head of the Standing Committee of the Council of Ministers Henryk Kowalczyk officially announced that the law on the personal income tax threshold will come into force on January 1, 2017. Meanwhile, the decision about the scale of the increase will be taken in the second half of this year. "The real scale will be assessed when we see the effect and influence of the tax system. We have time until November 30 to adopt a law on the amount of income tax threshold, " said Kowalczyk in an interview with TVN24. The law on the personal income tax threshold was ruled unconstitutional by the Constitutional Tribunal last year and its validity expires in October. According to the Tribunal, the law doesn’t include a mechanism that would automatically increase the tax threshold to a level corresponding to the poverty line. Currently, the tax threshold is set at PLN 3,089 per year, while the poverty line, below which it is impossible to survive stands at PLN 6,504.

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