Major IT firms paid higher taxes in 2018 due to profit growth

The largest technology companies operating in Poland paid to the state budget by over 50 percent more income taxes (CIT) in 2018 than a year earlier. Twenty major firms paid PLN 420 million last year. Higher taxes resulted from profit growth – the gross result of analyzed companies increased by 53 percent to PLN 2.2 billion, and revenues grew by nearly 21 percent y/y.

Huawei Polska and Samsung Electronics Polska paid the highest taxes last year – PLN 100 million and PLN 71 million respectively.

(Puls Biznesu)