MAR in Poland

Posted on June 21, 2016 by admin

As of 3 July 2016 the Regulation on market abuse, the so-called MAR (Market Abuse Regulation) will be directly entered into Polish legal order, as the legislators are not under the obligation to implement it into the Polish legal order. What is more, in the Ministry of Finance there are already works to adjust Polish legal provisions, i.e. the trading in financial instruments act and the public offer act so that they are compliant with the MAR and the MAD (Market Abuse Directive). &nbs Read more

Amendment to the act on renewable energy sources

Posted on June 17, 2016 by admin

Today in the Sejm 244 MPs voted in favour of the amendments to the act on renewable energy sources, 177 MPs voted against, and 19 MPs abstained from the vote. In favour were the MPs of PiS and a part of the Kukiz15 parliamentary club. Against – PO, Nowoczesna and PSL. The MPs who abstained were the remaining MPs of the Kukiz15 club. Another draft of an amendment on backing renewable energy sources was prepared by the Energy resort, but it landed in Sejm as an MP initiative of a group Read more

Constitution for business

Posted on June 14, 2016 by admin

On 09.06.2016 Deputy Prime Minister Mateusz Morawiecki presented the first entrepreneurship package. It envisions, among other things, less bothering tax inspections and protection against changing legal interpretations. The package of facilitations for entrepreneurs, in the form of concrete projects, should be discussed by the government after the summer holidays. As he added, the second package for entrepreneurs – in the form of a “Constitution for Business” – will be presented in autu Read more

EU once again under strain

Posted on June 06, 2016 by admin

Creation of the European Union led to political and economic integration of the European continent. Obviously, from the beginning the community was characterized by substantial variations with regard to the level of economic development of the member states. The challenges they tackle together require constant work on achieving the highest integrity possible. Establishing common currency and synchronising monetary policy was an extremely important and profound step in the post-war histo Read more

Ministry of Finance wants to lower taxes for small enterprises

Posted on February 26, 2016 by admin

Ministry of Finance prepared a draft act on lowering the rate of corporate income tax for small enterprises. Thanks to this, around 90% of corporate taxpayers will be able to capitalize on the reduced 15% corporate income tax rate. According to the proposed solutions, the reduced corporate income tax rate will apply to taxpayers whose profit on sales together with the output goods and services tax did not exceed the equivalent of 5 million PLN in the previous year. This will also concer Read more

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