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Poland Approves Individual Income Tax Rate Reduction

|Approved Changes|Poland
Poland

Poland's Parliament approved a bill amending the Personal Income Tax Act on 30 August 2019 that provides for a reduction in the lower individual income tax bracket rate from 18% to 17% from the 2020 tax year, with a transitional reduction in the lower rate to 17.75% for the 2019 tax year. The upper tax bracket rate is maintained at 32% and the upper bracket threshold is maintained at PLN 85,52…

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