PM discusses transfer of new technologies at Davos

Summing up his participation in the 50th World Economic Forum in Davos on Thursday, Polish Prime Minister Mateusz Morawiecki said many meetings had concerned the transfer of new technologies, which he said is very important for Poland.

"It's hard to count all the meetings that we've had at Davos," the PM wrote on Facebook. "For sure many of them concerned the transfer of the latest technologies, because it's very important to us. Meetings with the heads of Microsoft, Mastercard and Novartis in this context shouldn't surprise anybody."

The PM said that the Polish delegation had gone to Davos with its own solutions for Europe in the field of fiscal innovation.

"We're proposing a Tax Solidarity programme. A debate on the subject at the Davos Polish House with the participation of OECD Secretary General Angel Gurria and French Minister of Economy and Finance Bruno Le Maire enjoyed huge interest," the prime minister wrote.

He went on to state that, "the EUR 170 billion that EU citizens lose every year through tax havens or the VAT carousel is a subject that is widely discussed here (in Davos - PAP)."

On Wednesday at the Polish House (Dom Polski) national promotional stand, a report was presented by the Polish Economic Institute and Bank Gospodarstwa Krajowego (National Economy Bank) entitled, 'Tax injustice in the European Union. Towards greater solidarity in the fight against tax evasion.' A debate followed the presentation, in which the French economy minister and OECD secretary general participated along with the Polish head of government.

According to the publication, the functioning of tax havens in the European Union costs EU taxpayers EUR 170 billion a year, including EUR 46 billion a year in personal income tax through asset transfers by the wealthiest citizens, a VAT gap of EUR 64 billion and artificial transfer of company profits accounting for EUR 60 billion in corporate income tax.