Economy
19:03 4 February 2025
Post by: WBJ

OECD recommends the introduction of a progressive tax on real estate in Poland

OECD recommends the introduction of a progressive tax on real estate in Poland
Source: Pexels

The OECD recommends Poland introduce a progressive property tax based on market value, similar to systems in other OECD countries. The organization argues that the current tax system does not accurately reflect taxpayers' wealth and financial capacity, as it relies mainly on property size rather than value and location.

OECD suggests allowing local governments more autonomy in setting tax rates to improve efficiency and fairness. The reform could be implemented gradually, with mechanisms for deferred payments. The model follows examples from Denmark and Canada, requiring regular property valuations using digital tools.

Additional OECD recommendations for Poland include vehicle taxation based on emissions, reducing VAT exemptions, and higher inheritance taxes to strengthen the fiscal system.

(strefainwestorow.pl)


More News

lifestyle

LifeStyle
7 days ago

A new exhibition by Turnus na Wolskiej opens at Europejski Square

LifeStyle
17 days ago

Luna: ‘Music Is My Life, No Plan B’

LifeStyle
17 days ago

Blue Monday: Is the Most Depressing Day of the Year Real?

LifeStyle
24 days ago

Joanna Kurowska: Polish Actors Underpaid and Undervalued

Book of Lists

Book of Lists
4 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
4 years ago

25th jubilee edition of Book of Lists – project start