News

Another Gap in the Polish Lada – Does Hiding the Income Pay Off?

According to "Dziennik Gazeta Prawna", people who do not disclose their income next year and apply for immunity from October 2022 to the end of March 2023, will pay only 8% tax and will have a clean slate. This way, the legislator encourages hiding earnings as Andrzej Wapowski, legal advisor at ENODO Advisors in an interview with "DGP" comments.

The Amendments in Polish Lada:

The provisions on it were included in the Polish Lada, i.e. the amendment to tax laws adopted by the Sejm on Oc Read more

Poland to Finally Give up Russian Gas

The construction of the most difficult section of the pipeline to give up Russian gas, through which Poland will receive natural gas from Norway, has been completed. The completion of the project is scheduled for the end of 2022. After the commissioning of the pipeline, Poland will finally be able to give up Russian gas. Construction of the most difficult part of the pipeline, the Baltic Sea sec Read more

The Dispute between Poland and Czechia over the Turow Mine

The Polish side received a proposal from the Czechs for the content of the disputed article on Turow Mine. According to Aleksander Brzózka, Spokesman for the Ministry of Climate and the Environment, they are analyzing it and will discuss it with the Czech partners. The Spokesman of the Ministry emphasized that he would not like to talk about the details of these solutions for now. "We agreed with the Czech government that at this stage of the discussion we want to talk directly and not through Read more

Poland’s Inflation to Reach 4.9 % This Year: Central Bank Prognosis

Poland's Inflation will increase to 4.9 percent but GDP will rise to 5.3 percent, according to the National Bank of Poland's (NBP) November forecast. According to the flash estimate, CPI in September rose to 5.8% YoY from 5.5% in August (consensus at 5.5-5.6 % YoY, ING 5.6% YoY). The strong price pressure in Poland is due to the continued high pace of fuel prices (28.6% YoY) and further increases in food prices (to 4.4% from 3.9% in August). Energy prices were 7.2% up and should accelerate furt Read more

Current Polish Consumer Confidence Index Down in October

According to the state-run statistics agency, its Current Consumer Confidence Index, which describes current trends in personal consumption, went down by 4.8 points in October while remaining in the negative territory of -17.8 points amid the coronavirus pandemic. Polish consumers surveyed this month were less optimistic about their spending power and financial prospects than a Read more

It will Become Easier for Foreigners to be Legalized in Poland: the Law has been Adopted

On October 19, the Polish Council of Ministers adopted a bill amending the Foreigners Act. The Minister of Internal Affairs and Administration wants to simplify the process of the stay of foreigners legalized in Poland. The regulations will come into force 14 days after they are published in Dziennik Ustaw. Consequently, foreigners coming to Poland for business reasons will no longer be required to apply beforehand for a special recommendation of the Read more
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