Skip to content
Advertisement

Business

Poland to crackdown on transfer of untaxed profits abroad

23:52

Deputy PM Mateusz said that in the coming future, the ministry will start investigating “the transfer abroad of profits on which tax was not paid in this country”. He added that the Poland would continue its campaign against large-scale avoidance of VAT. “We have brought in 11 times more revenue than our predecessors,” Morawiecki said. Following its election in late 2015, the Law and Justice (PiS) government promised to combat tax fraud in a bid to help fund its campaign promises, which include monthly benefits for families with children, lowering retirement age and a lower tax-free threshold on income.

More from Business All