On 13 September 2018 a first reading of the draft of the law on establishing of Employees’ Capital Pension Schemes (hereinafter called Pracownicze Plany Kapitałowe – PPK) was held by the Parliament. The draft was directed to the Public Finance Committee.
The concept of fintech has been around for quite some time already. What some might have considered a fad in the beginning, stayed with us and is gradually, yet inevitably changing the financial landscape surrounding us.
On August 24, 2018, the Polish Government published a draft bill amending income taxes Acts. The bill introduces also new mechanism reducing tax rate to be applied to income derived from intellectual property rights (Innovation Box).
On 24 August 2018 r., a draft law changing significantly income taxes and the Polish Tax Code was published on the Government Legislation Centre’s website. The main purpose of the new regulations will be to simplify the Polish tax law related to income taxes, the introduction of new tax incentives and further development of the anti-avoidance measures. The plan is that the changes will come into force on 1 January 2019.
