Poland’s New Windfall Tax Could Affect All Large Companies: RP

Poland plans to tax all companies employing more that 250 people, not only utilities, with the new windfall levy, Rp.pl reports, citing documents it has seen.

• NOTE: Poland Plans $2.8 Billion Tax on Utilities to Curb Energy Costs
• Companies would pay 50% tax on the 2022 pretax profit margin exceeding the average from 2018, 2019 and 2021
  • Banks would pay the levy based on ROA above the average from the 3 years

To contact the reporter on this story:
Maciej Martewicz in Warsaw at mmartewicz@bloomberg.net

To contact the editors responsible for this story:
Piotr Skolimowski at pskolimowski@bloomberg.net

Piotr Bujnicki ...