Gov't proposes new CIT rate for small enterprises
PR dla Zagranicy
Alicja Baczyńska
22.06.2016 14:55
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NFP 16 06 22 CIT CUT FOR SMALL BUSINESS.mp3
The government has proposed a cut in the Corporate Income Tax rate which will embrace small businesses.
Glowimages
Sławek Szefs reports the move is meant as an incentive for entrepreneurs to expand their companies and work towards achieving greater growth.
"Small tax payers, though not that small as the threshold is EUR 1.2 mln in turnover over a fiscal year period, will benefit from a 15-percent rate," says Paweł Jurek from the Press Office of the Finance Ministry.
At present, the CIT rate in Poland is 19 percent.