PiS to introduce bank tax on assets

Poland's Law and Justice (PiS) party, landslide winners of Sunday's parliamentary election according to exit polls, wants to tax banks' assets at 0.39 percent from 2016, said Zbigniew Kuzmiuk, the party's economic expert. "One of the first economic decisions of the new government will be to submit an amendment of next year's budget. The general government deficit will stay below 3 percent (of national output)," Kuzmiuk said. "We want, probably as of January 2016, to introduce two taxes that are important for us, including a tax on banks - it will be a tax on assets with a rate of 0.39 percent - and a tax on supermarkets," he added Late polls indicate that PiS won 37 percent of the vote and will form a government alone.