Proposed corporate tax changes endorsed even though they breach EU norms

Deputies from across the political divide have endorsed the proposed amendments to the Corporate Income Tax Act, despite the fact that the new changes would be in breach of European Union (EU) requirements. The Sejm is trying to simplify the tax code for businesses, establish the minimum stake a company can have in its associates, and determine how to tax revenue from associates. How to tax leasing firms is also scheduled for debate. Solidarity Election Action (AWS) deputies say the purpose of the amendments is to harmonize the law and help local companies. (Prawo i Gospodarka, page 10) S.M