Morawiecki: Adjusted banking and retail taxes in 2017
14:09
"Poland could adjust, without significantly loosening or tightening, its banking and retail taxes in 2017," Deputy Prime Minister and Development Minister Mateusz Morawiecki announced during the Economic Forum in Krynica on Tuesday.
"We're facing a potential discussion in the autumn. It would not be tightening, it would not be loosening, it would be adjusting," the official stated.
The Ministry of Finance has opted for two rates of 0.8 percent for turnover between PLN 17 and PLN 70 million and 1.4 percent for turnover above PLN 170 million, with PLN 17 million tax-free turnover.
On August 1, President Andrzej Duda signed a retail tax bill, which came into force as of September 1.
