PiS MP: Large retailers tax in Q1 2016

PiS MP Henryk Kowalczyk, who is said by some media outlets to be the new Minister of Finance, informed on Monday that a tax on large retailers should be introduced in the first quarter of next year. The tax amounting to two percent of turnover, would be paid by every store, whose floor space exceeds 250 sqm, excluding entities trading gas, oil and fuel. PiS expects that the tax would bring in PLN 3.5 billion in revenues to the state’s budget and will have no impact on the labor market