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Revenues from PIT increased by PLN 32.7 bln in annual terms in 2014-2018

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Revenues from PIT increased by PLN 32.7 bln in annual terms in 2014-2018
source: Pixabay

Revenue from PIT in the years 2014-2018 increased by PLN 32.7 billion on annual bases, the Ministry of Finance informed. The PIT share in GDP increased during this period from 4.5 percent to 5.2 percent. It is worth recalling that the increase in revenues from PIT means both an increase in revenues of the state budget and local government units revenues, which to a large extent participate in the revenues from this tax.
“In 2019, the total share of local government units in revenues from PIT is 49.93 percent,” Tadeusz Kościński, deputy minister,  said.
Only in the first half of 2019, revenues from PIT reached PLN 57 billion.
(WBJ)

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