Retail tax introduction as of July 1 realistic - dep FinMin

Poland's deputy Finance Minister Wiesław Janczyk said that retail tax could be introduces as of July 1 and Poland can receives PLN 1 billion from it. "The draft containing progression and excluding the 0.4% rate met with the biggest acceptance, [of stakeholders], Janczyk said, adding that "July 1 is still a realistic date" for tax introduction. A proposal for a progressive tax assumed tax free turnover of PLN 1.5 mln per month, a 0.4% rate for monthly turnover below PLN 17 mln, 0.8% for PLN 17-170 mln, 1.4% for >PLN 170 mln.