The Prospective Global Tax System Reforms and Several Countries Opposed
[8-July-21 12:14:56]The statement on a two-pillar solution to address the tax challenges raised by the digitization of the economy was issued on July 1, 2021. The...
2021
Demand for Russian Gas Grows in Europe
[6-July-21 4:57:41]Europe has spent many years reducing its dependence on Russian gas. However, with the expected cold next winter, it will need more fuel than usual....
Does Budapest Face Depopulation? Main Reasons and Outcomes
[28-June-21 11:17:03]The population of Budapest, the capital city of Hungary, has been declining for five years. The number has significantly decreased by almost 13 000 and...
Digital Transformation and Taxation: Challenges and Possibilities
[24-June-21 22:38:39]The consequential and regularly developing technology brought by the new era is rapidly changing businesses. Companies are investing in big data, automation, and artificial intelligence...
Minimum Global Corporate Tax – The Changes Imposed by G7 Agreement
[22-June-21 21:31:17]Leading economies united in the G7 summit have agreed to impose a Global Minimum Corporate Tax of at least 15%. This decision will have a...
EU Removing a Ban on Eight Banks Previously Banned from Bond Sales
[18-June-21 18:15:32]According to the European Commission, eight banks were previously excluded from syndicated debt sales backing the European Commission’s up to €800 billion (US$950.7 billion) Covid-19...
2017
2016 Regional Competitiveness Index
[27-March-17 8:00:53]The European Commission published the 2016 edition of its Regional Competitiveness Index. The index, prepared for the third time in history, presents detailed information on...
Amendments to the act on freedom of business activity
[20-February-17 8:00:56]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...
National Bank of Poland introduces a new banknote
[13-February-17 8:00:59]Last week, the National Bank of Poland introduced a new banknote in the value of 500 PLN. The new payment instrument will have the greatest...
New tax incentives for innovative companies in Poland
[31-January-17 11:02:39]January 2017 is the first month of functioning of a new act on innovativeness (the so-called “small act on innovativeness”). Ministries of Development and of...
Retail market in Poland thriving in 4Q2016.
[23-January-17 8:00:41]The numbers coming from the Central Statistical Office (GUS) show that the end of 2016 was a very good time for the retail sector in...
National Fiscal Administration getting closer
[16-January-17 8:00:45]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...
