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 85,528. With the change in rates, the bill provides rules for the determination of the variable (degressive) tax-free personal allowance based on the lower rate changes. For 2019, the allowance...