Poland’s Economy Still Going Strong

Posted on September 07, 2018October 20, 2023 by admin

According to the recent data published by the Central Statistical Office (GUS), Poland's Economy is expanding at the rate of 5 percent. This is excellent news for the Polish government. What is more, the high rate of GDP growth has been rather stable for several months now. The expansion is driven mainly by strong consumption. Due to good retail sales, VAT revenue is also reaching new heights. In a recent interview, Jerzy Kwieciński, Polish Minister of Investment and Development, stressed that Read more

Polish Taxpayers Will Have An Ombudsman

Posted on September 03, 2018October 20, 2023 by admin

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

Posted on August 31, 2018October 20, 2023 by admin

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

Posted on August 24, 2018October 20, 2023 by admin

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

Retail Numbers Drop in the Aftermath of Sales Ban

Posted on May 21, 2018October 20, 2023 by admin

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 1^st 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

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The Importance of Exit Tax in Poland:

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