201702.20
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Amendments to the act on freedom of business activity

After Polish Sejm and Senate passed amendments changing the act on freedom of business activity, the document landed on the desk of the President of Poland. Andrzej Duda has just signed the bill, which introduces the amendments to one of the most important legal documents regulating economic activity in the country. The President’s signature is…

201701.16
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National Fiscal Administration getting closer

From 1 March (and not 1 January, as the Sejm wanted) tax collection and safety of public finances in Poland will be handled by National Fiscal Administration (KAS). Before taxpayers and officials there is a great tax administration reform. According to the announcement from Marian Banaś, who will stand in charge of the unit from…

201612.26
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Improving Polish tax system in progress

Details of the plans to introduce further changes that are to make Polish fiscal system more flexible and friendly are regularly presented to public opinion by Polish Deputy Prime Minister and the Minister of Development Mateusz Morawiecki. However, he believes the changes should not be revolutionary, but rather improve how the system works systematically. The…

201612.19
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Draft of a new Polish anti-usury bill

The Ministry of Justice published a draft of a new anti-usury bill, lowering the limits on loan costs other than interest. According to the bill, the fees and commissions will not be permitted to exceed 10 percent of the loan amount, which will be able to increase by 10 percent of the amount for every…

201610.19
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Lower retirement age for Poles?

Prawo i Sprawiedliwość party in the general election campaign promised Poles lowering the retirement age. Now, they are saying they are going to keep the promise. Experts warn that the government is asking for trouble. When the previous government introduced gradual lengthening of the retirement age, many people in Poland were not impressed. The retirement…

201610.05
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Poland ratifies the Paris Agreement

Sejm, the lower chamber of Polish parliament voted in favour of Poland ratifying the Paris Agreement on climate change. The move was followed by the same vote by the Senate. Finally, President Andrzej Duda officially ratified the agreement on limiting greenhouse gas emission and curbing global warming. Poland became a signatory to the agreement on…

201609.21
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EU opens an investigation into Polish retail tax

The European Commission suspended the retail tax that was recently introduced by the Polish government. The press release published on Monday states the institution is concerned that the new regulations may not be compliant with EU laws. According to the new tax provisions, all Polish retail businesses in have to pay a levy on their…

201606.20
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Central Invoice Register in 2018?

The government is going all out to find a way to narrow the yawning VAT gap. The Minister of Finance has revealed his resort is considering creation of Central Invoice Register that will give fiscal authorities a deep insight into what Polish companies are doing. The finance minister, Piotr Szałamacha, said in a press conference…