A tax break for entrepreneurs, that will allow the deduction of 50 percent costs incurred for investments in automation by Polish companies, will total PLN 1.1 billion (EUR 247.2 million) over five years, Development Minister Jadwiga Emilewicz said on Friday.
Polish and Ukrainian finance ministers have signed a bilateral declaration on strengthening cooperation in fighting tax fraud and carousel VAT fraud, the Polish Finance Ministry reported on Friday.
Polish Prime Minister Mateusz Morawiecki said after a Friday meeting of the European Council that the heads of government of the EU member states had taken a step closer towards a levy on big corporations and a financial transaction tax.
The National Bank of Poland (NBP) on Monday recommended that the government should lift some tax and social insurance burdens from Polish companies amid the spreading coronavirus epidemic.
Poland and the US should work together with the OECD to develop a formula for the common system of a digital services tax, US Ambassador to Poland Georgette Mosbacher wrote in the Monday issue of Rzeczpospolita daily.
Funds coming from a new sugar tax will go to the National Health Fund (NFZ) and will be spent on the effects of civilisational diseases, namely, diabetes, heart and vascular diseases as well as oncological illnesses, the health minister announced on Thursday.
Eighteen people have been detained, among them Poles, Vietnamese, Chinese and Ukrainians, for their part in a three-year fraud that saw money transferred overseas.
Following a meeting with German Chancellor Angela Merkel as part of his two-day visit to Berlin on Tuesday, Prime Minister Mateusz Morawiecki described Germany as Poland's main trading partner and a key investment and political partner.
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.
Speaking in an interview with Britain's Financial Times on Monday, Polish Finance Minister Tadeusz Kościński said that America's Airbnb service should pay tax on revenues earned in Poland.
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