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Poland's Proposed Tax on Financial Institutions Approved by Lower Chamber of Parliament

|Proposed Changes|Poland
Poland

On 17 December 2015, Poland's lower chamber of parliament (Sejm) approved a proposed tax on financial institutions including banks and insurance and reinsurance companies. The tax was included in a number of proposals made by Poland's Law and Justice Party after taking control of parliament in October ({News-2015-10-30/P/2- previous coverage}). The tax would be levied monthly based on the total…

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