Thursday, June 27, 2024

Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

Poland May Lose Competitiveness Due to Global Minimum Tax, Experts Warn

With the introduction of the global minimum tax, fiscal incentives for large foreign investors will lose their significance, and Poland may become less competitive...

Polish entrepreneurs spend an average of 334 hours annually on tax formalities

The dynamically changing tax regulations in recent years have significantly impacted the fulfillment of tax obligations in Polish enterprises. Poland has the second most...

Local governments are counting on governmental changes in the financing system. Ministerial solutions are also needed in the areas of education and healthcare

The Ministry of Finance plans to introduce changes in the funding of local governments. Local government revenues would be based on the local tax...

Ministry of Finance Unveils Local Government Financing Reform

The Ministry of Finance has outlined a new reform for financing local government units (LGUs), asserting that post-reform, LGU revenues will increase and become...

Ministry of Finance Reports Budget Deficit of 39.9 Billion PLN in Poland (as of April)

The budget deficit after April amounted to 39.9 billion PLN, the Ministry of Finance announced in a statement. As noted, this is 21.7% of...

New Tax Relief Proposed to Help Businesses Adapt to ESG Reporting Requirements

In response to the new ESG non-financial reporting requirements that came into effect at the beginning of this year, the Confederation of Leviathan and...

Experts demand a tax system overhaul in Poland

Adverse tax solutions for companies have begun to emerge in Poland. As experts on the subject point out, the market is primarily expecting a...

Experts Weigh In on Tax Changes of 2023

The new tax scale and higher tax-free amount are highlighted as positive changes over the last year by notable economists, tax advisors, and lawyers....

Understanding the Minimum Income Tax for Polish Companies: A Guide for 2024

The year 2024 will be the first for which some corporate income tax (CIT) taxpayers reporting losses or very low income for a given...

Estonian CIT beneficial for companies, but not all of them know how to use it.

According to data from the Ministry of Finance, only approximately 12.7 thousand businesses in the country benefit from the Estonian Corporate Income Tax (CIT)....
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