Polish lawmakers greenlight crackdown on tax cheats
PR dla Zagranicy
Paweł Kononczuk
17.11.2016 10:09
Polish MPs have voted through legislation which they hope will increase government revenue by limiting tax fraud.
Photo: pixabay.com
The government-drafted bill modifies value added tax (VAT) settlement methods and ushers in higher fines for fraudsters.
Beefing up state coffers by cracking down on tax cheats was a prominent pledge by the Law and Justice party, which swept to power in parliamentary elections late last year.
A total of 224 MPs in the 460-seat lower house voted in favour of the legislation on Wednesday, 210 opposed it, and one abstained.
According to Deputy Finance Minister Leszek Skiba, the new regulations could boost the government’s VAT revenue by around PLN 3.4 billion (EUR 766, USD 820 million) a year.
The bill will now be sent to the upper house for final approval.
(str/pk)