Poland to Propose Windfall Tax Within Weeks: Rzeczkowska

Poland is still conducting “analytical work” on windfall tax on energy industry, which is based on EU rules and the new levy should be proposed “within weeks,” Finance Minister Magdalena Rzeczkowska says in interview with Radio Zet.

• The levy will take into account investment plans of state utilities as well as Orlen; energy security and investment in renewable sources of power is key priority
• Poland is likely to maintain 0% VAT on food beyond June
• Final decision on whether to keep the tax at a lower rate implemented last year in the wake of the war in Ukraine will be ...