Poland’s Finance Minister will present a final proposal of the retailer tax within two-three weeks, government spokesperson Rafal Bochenek told reporters in parliament on Thursday.
“The Finance Minister will, within two-three weeks, prepare the final draft of the retailer tax,” Bochenek said, referring to two tax rate proposals presented by government officials on April 13.
Most industry representatives favor the introduction of a flat tax rate, Bochenek also said.
On Wednesday, the ministry presented two versions of a prospective retailers tax: a flat rate of 0.9% of turnover and a tax-free turnover of PLN 17 million monthly and a progressive tax system with tax free turnover of PLN 1.5 million per month, 0.4% rate for turnover below PLN 17 million, 0.8% for PLN 17-170 million, 1.4% for below PLN 170 million. Cabinet minister Henryk Kowalczyk said on Wednesday that the introduction of a flat tax rate is the more probable option.
The tax would be implemented as of July 1. Poland initially wanted the tax to take effect as of April but as initial proposals met with criticism from the industry the process got delayed.
