Clifford Chance

Taxation of certain financial institutions – new regulations

19 January 2016

This briefing concerns the so-called bank tax introduced by the Act on Tax on Certain Financial Institutions of 15 January 2016. The government estimates that the bank tax may bring the State budget even PLN 4-5 billion in the form of tax revenues. The provisions of the new legislative act will enter into force already from 1 February 2016.

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