Daily Tax Report: International
April 22, 2022, 3:52 PM
Polish government wants to reduce the lowest personal income tax rate to 12% from 17% to compensate for elevated inflation caused, in part, by war in Ukraine, Prime Minister Mateusz Morawiecki says at news conference in Warsaw.
- The government plans to introduce the tax cut from July 1; will also scrap the so-called middle-class tax break that has been criticized as complicated
- NOTE: Changes follow a botched tax overhaul introduced at the beginning of this year
- NOTE: Poland to Slash Levies to Curb Inflation and Irish Over Taxes (1)
To contact the reporter on this story:
Dorota Bartyzel in Warsaw at …
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