Polish Government accepts retail tax bill proposal | Progresiv

The Ministry of Finance has drafted a final version of the retail sales tax bill proposal. The proposal envisages the introduction of two tax rates: 0.8% on monthly revenues between 17 million zlots (3.82 million euros) and 170 million zlots (38.2 million euros), respectively 1.4% on monthly revenues above 170 million zlots (38.2 million euros).

The subject of taxation will be retail sales revenue made to individual consumers. The taxable revenue from retail sales will not include the VAT due and will exclude sales made to business consumers. The bill draft doesn’t provide for the taxation of sales by internet retailers. The bill proposal will now be put up for a vote by the Polish parliament. (www.kantarretailiq.com)