PiS: banking tax in 2017

A banking tax and retail chain turnover tax will be implemented in 2017, if Law and Justice (PiS), which currently leads opinion polls, wins the general election in October, Henryk Kowalczyk (PiS) told Reuters. In line with the PiS' plans,  Polish lenders would pay a 0.39 percent tax on their assets. Retail chain turnover tax would concern those chains which turnover exceeds PLN 1 billion and would stand between 0.5 percent to 2 percent, depending on the financial results.