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Poland's Political Parties Propose Tax Reform including VAT and Other Tax Changes

16 July 2015

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Proposed Changes

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Poland

Poland's two main political parties, the Civic Platform party and the Law and Justice party, have developed a number of tax reform measures to be considered prior to upcoming parliamentary elections. The proposed measures of each party are summarized as follows: Civic Platform Party: The main measures being proposed by the Civic Platform party include: Reducing the standard value added tax (VAT) rate from 23% to 22%; Exempting all individuals under the age of 30 from personal income tax; and Reducing the income tax rate from 19% to 15% for companies that use employment contracts under the Labor Code instead...