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Poland to lower CIT for small enterprises

PR dla Zagranicy
Paweł Kononczuk 26.09.2016 07:31
President Andrzej Duda signed an amendment to the Income Tax Law on Friday cutting Corporate Income Tax rate for small businesses from 19 to 15 per cent.

The lower rate will apply to small companies (with a turnover of up to EUR 1.2 mln per fiscal year) and start-ups in their first year.

The amendment will come into force on 1 January 2017. (mol/pk)

Source: IAR

tags: CIT
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