Poland Eyes Widening Corporate Tax Perk for Investment Funds

The Polish government is seeking to extend the scope of a corporate income tax exemption for managed investment funds.

The Council of Ministers—a group of top officials that make up the executive branch of government in Poland—approved a draft law that would provide the exemption for internally managed funds following a ruling from the European Court of Justice, according to a press release Wednesday.

Poland was required to amend its law after the ECJ ruled in February that the country couldn’t grant a corporate income tax exemption to nonresident investment funds on the condition that they are externally managed. ...