President sends tax amnesty bill to Constitutional Tribunal for consideration

President Aleksander Kwasniewski has decided to send the controversial tax amnesty bill, already approved by Parliament, to the Constitutional Tribunal for review. The bill centers around granting a tax amnesty to those who decide to reveal their undeclared income and pay a mere 12% on the outstanding sum. The bill would also force wealthier individuals to declare their global assets. According to Kwasniewski the bill creates, "The possibility of violating the Constitution and equality in the principles of taxation". The government sees the picture differently, namely that the bill would recover up to zl. 600 million of lost revenues and would go a long way in combating the gray economy. (Rzeczpospolita, p. B1; Reuters) J.K.