Poland MOF Seeks Comments on Draft Bill to Amend Tax Provisions Regarding Financial Institutions

The Polish Ministry of Finance Aug. 29 opened a consultation on Draft Bill No. UD288, to amend tax provisions regarding financial institutions. The draft bill includes measures to: 1) ultimately increase the corporate income tax rate to 23 percent for specified cooperative savings and credit unions, tax capital groups, and foreign and domestic banks; 2) apply a 30 percent corporate income tax rate for calendar year 2026, 26 percent rate for 2027, and 23 percent rate from 2028, for financial institutions with calendar-year tax years; 3) impose corporate income tax on financial institutions commencing business in 2026 or 2027, at ...