New Finance Minister Belka confirms plan to introduce capital gains tax

Poland's next Finance Minister, Marek Belka, has confirmed that he will impo se a capital gains tax as early as 2002. He made clear that money earned fro m all bank deposits and treasury bonds, as well as money accounts at brokera ge houses and investment funds, would be subject to tax of 20%. The incoming administration is also contemplating the imposition of a stock exchange inco me tax, but no date has been given. However, the new legislation will not to uch life insurance policies. (Rzeczpospolita, p. B1) J.K.