Polish tax system increasingly friendly

Poland has climbed 29 places and ranks 58th globally in the Paying Taxes 2016 report compiled by consultancy PwC and the World Bank,which investigates and compares tax regimes across 189 economies, ranking them according to the relative ease of paying taxes. The document said an average Polish businessperson spends 271 hours dealing with tax issues, compared to 286 hours in the previous year. Additionally, each bussinessperson makes seven tax payments annually on average. The EU average stands at 173 hours and 11.5 tax payments. According to the document, the total tax rate for Poland totals 40.3 percent (40.1 percent in 2014), while for the whole EU it amounts to 40.6 percent. Poland's promotion is due to the adjustment of Poland's tax law to fit in with EU law, said the report. Qatar and United Arab Emirates rank first and Bolivia came in last.