Poland Sets 2021 Thresholds for Reduced Tax Rate, Simplified VAT, Investment Incentive, Simplified Flat-Rate Tax, and Social Security Contribution Cap
Poland has set the thresholds for certain regimes for small taxpayers, including the reduced corporate tax rate, simplified VAT regime, investment incentive deduction, and simplified flat-rate tax as follows:
- The revenue threshold for treatment as a small taxpayer and eligible for the reduced corporate tax rate (9%) for 2021 is PLN 9.031 million, inclusive of VAT, in 2020;
- The supply threshold…