USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: PIT

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...

100 Days of government from the perspective of entrepreneurs

100 days is decidedly too short a time period to prepare and implement all the changes expected by entrepreneurs. The biggest success of the...

Hitachi Energy and BluVein accelerate the electrification of heavy mining vehicle fleets

Hitachi Energy and BluVein have signed a Memorandum of Understanding (MoU) with the aim to accelerate the electrification of heavy mining vehicle fleets and...

Are we facing a tax reform for cryptocurrencies?

The beginning of the year brought news about the draft cryptocurrency law being worked on by the Ministry of Finance. The new regulations are...

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...

Polish TSL sector to see a slight reduction in employment in Q1 2024

In the first quarter of 2024, the Polish TSL sector is forecast to see a slight reduction in employment, though no company is planning...

Polish government budget for 2024: GDP growth, but deficit and inflation remain high

The government anticipates a considerable increase in GDP of 3 percent. It's a significant acceleration compared to the year 2023 and towards a level...

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....

Building Materials Prices in Poland Continue to Decline, Demand for Construction Materials Plummets

The first publication of the average dynamics of building materials prices for this year by the PSB Trade Group, covering statistics for the whole...

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...

The Labor Market in 2024: A Shift Towards Automation and Global Talent

We won't go back to what it was before the pandemic. This is certain. However, 2024 is expected to be a year of return...

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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