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POLAND: Finance Minister Flags Works On Lowering Selected Taxes

POLAND
PolandCEEMEAEM BulletBulletEmerging Market News
  • Prime Minister Donald Tusk will join other EU leaders and Ukrainian President Volodymyr Zelensky at a summit devoted to regional security and aid for Kyiv. The meeting takes place after recent changes in US strategy, which has involved halting support to Kyiv, with latest reports indicating that the US went a step further and stopped sharing intelligence with Ukraine, in addition to the earlier pause in the delivery of military hardware. A report by Onet noted that the US demanded that its military equipment flown into a logistical hub in Rzeszow, Poland should be transferred to the nearby base housing troops from the 82nd Airborne Division instead of being sent further to Ukraine. At the same time, however, there have been no interruptions to the deliveries of weapons from other countries. Separately, a NYT sources piece suggested that the pause in support could be relatively short-lived if Ukraine bends to US demands.
  • Finance Minister Andrzej Domanski told RMF FM that his ministry is not working on any tax increases. On the contrary, his team is looking into the possibility of lowering the so-called copper tax (effectively paid only by the state-owned copper and silver producer KGHM) and the so-called Belka tax (capital gains tax).
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  • Prime Minister Donald Tusk will join other EU leaders and Ukrainian President Volodymyr Zelensky at a summit devoted to regional security and aid for Kyiv. The meeting takes place after recent changes in US strategy, which has involved halting support to Kyiv, with latest reports indicating that the US went a step further and stopped sharing intelligence with Ukraine, in addition to the earlier pause in the delivery of military hardware. A report by Onet noted that the US demanded that its military equipment flown into a logistical hub in Rzeszow, Poland should be transferred to the nearby base housing troops from the 82nd Airborne Division instead of being sent further to Ukraine. At the same time, however, there have been no interruptions to the deliveries of weapons from other countries. Separately, a NYT sources piece suggested that the pause in support could be relatively short-lived if Ukraine bends to US demands.
  • Finance Minister Andrzej Domanski told RMF FM that his ministry is not working on any tax increases. On the contrary, his team is looking into the possibility of lowering the so-called copper tax (effectively paid only by the state-owned copper and silver producer KGHM) and the so-called Belka tax (capital gains tax).