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Tax system is fair according to EY

14:10

Multinational professional services firm, Ernst and Young has positively evaluated the Polish tax system. In a report outlining 25 years of free market economics in Poland, experts from EY said that the Polish tax law is fair and balanced, according to an IAR release. Prior to 1989, taxes in Poland were collected without the knowledge of the citizens. In the last 25 years, a system has been built, in which neither side holds power over the other. Citizens have the right to save their taxes, to lower their base tax by submitting deductions and to appeal tax authority decisions. An EY tax specialist commented on the complexity of the tax system, saying that new regulations are being implemented as new situations surface. A simple tax system is more of a utopia than a realistic possibility in the near future. The current state of the tax system should be maintained, balancing between the taxpayer and the state authority. Continuation of benefits such as tax relief for research and development are recommended.

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