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Polish Taxpayers Will Have An Ombudsman

The Polish Ministry of Finance is currently working on a new Tax Ordinance Act that will completely remodel the fiscal system known as the Ombudsman in Poland. Not much has been revealed to the public yet when it comes to the ideas and solutions that the new bill will encompass, but Ministry officials decided to announce their intention to create a new office: Taxpayers’ Ombudsman. The news came from the Read more

Employee Shortages Hit Polish Businesses

In the last few years, Polish businesses and the economy have been going strong and the situation in the job market has been better than good. The official unemployment rate recorded by the Central Statistical Office has been staying below 6%. Surveys demonstrate that Polish businesses feel they do not need to worry about losing their jobs. However, happy times for the working population do not necessar Read more

Exit Tax in Poland to be Introduced Next Year

The officials from the Ministry of Finance publicly confirmed that government experts are making plans to introduce a corporate exit tax in Poland. It is not a theoretical concept – the work is already underway. The exit tax is directed at corporations moving their premises abroad. The purpose is to safeguard the interests of the state that oftentimes offers generous fiscal incentives to foreign investors.

The Importance of Exit Tax in Poland:

Even though the government (or local gov Read more

Ministry of Finance Rolls Out New Plans for Fighting Tax Optimization

Entrepreneurs in Poland shake their heads in disbelief after the Ministry of Finance revealed new provisions that are to be found in the upcoming Tax Ordinance act the Ministry experts are currently working on. The lawmakers decided to focus on taxpayers who reach for individual tax interpretation which safeguards them against unfavorable decisions of fiscal authorities (which in certain cases may have devastating consequences). Ministry officials want to curb the use of such interpretations, vi Read more

Retail Numbers Drop in the Aftermath of Sales Ban

Retail numbers dropped after the Polish government imposed a ban on Sunday trade affecting a vast majority of stores and shops in the country, many wondered what the long-term effects of such a move would be. The new legal provisions introducing the shopping embargo came into effect on the 1st of March. Economy experts as well as politicians can now see the first effects of the ban as Central Statistical Office published the official data on retail number sales in April. The act on t Read more

PKO Wants to Take Business to a Higher Level

PKO Bank Polski, the biggest bank in Poland, came up with an initiative for small business owners who are interested in improving their condition and expanding operations. Financial institutions’ representatives say that a bank is as strong as its customers, therefore it is in the interest of the company to have account holders that enjoy steady growth and have good standing. PKO has prepared a series of workshops for entrepreneurs across the country the goal of which is to pass knowledge on Read more
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