Poland to Introduce Reduced Tax Rate for SMEs, New R&D Incentive, and Stricter Requirements for Treaty Benefits as Part of 2019 Budget
Poland's Ministry of Finance has announced that the Council of Ministers has approved the draft budget for 2019. Some of the main tax measures of the budget include:
- The introduction of the split payment mechanism for VAT (would be made mandatory; already introduced on a voluntary basis);
- The introduction of the obligation to report tax planning schemes;
- The introduction of a new 9% corporate…