Poland to suspend retail tax till 2019

Ministry of Finance wants to suspend retail sales tax until 1 January 2019, prolonging its suspension which currently ends on January 1, 2018. “As a result of the suspension potential retail taxpayers will not be required to file tax returns and to calculate and pay retail sales tax until the end of 2018,” Deputy Finance Minister Wiesław Janczyk said. Back in 2016, Poland introduced the retail tax with two rates of 0.8 percent for turnover between PLN 17 and PLN 70 million and 1.4 percent for turnover above PLN 170 million. It was suspended in October 2016, after the European Commission launched its investigation. Earlier this month, the Commission said that it violates the bloc’s law.