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Experts believe tax law should be written anew

APA - Austria Presse Agentur
opublikowano: 26-09-2005, 15:39

Poland: Warsaw (Puls Biznesu) – The legacy of the soon-to-leave government are CIT reduced from 27 percent to 19 percent plus binding tax interpretations. Lowering ZUS social contribution for two years for people starting business was a good solution, too.

Poland: Warsaw (Puls Biznesu) – The legacy of the soon-to-leave government are CIT reduced from 27 percent to 19 percent plus binding tax interpretations. Lowering ZUS social contribution for two years for people starting business was a good solution, too.

Despite the veto from the President and the government, the Parliament adopted the law allowing to get back VAT for construction materials. What went wrong, was the new VAT law, unfavourable for taxpayers. Besides, VAT was not lowered or unified as promised.The new government has to lower taxes, especially VAT: with the 22 percent rate Poland has one of the highest rates in Europe. For years now, companies have not known for sure, which expenditures may be treated as costs, and which not. In result, clashes with tax authorities are common. Tax clerks should understand that it is the taxpayers who pay for the leaving of them and the whole state. Clerks should be responsible for losses of citizens caused by wrong decisions.The new government should write PIT, CIT and VAT laws anew. Those laws are today the most complicated ones, nobody understands them any more, Witold Modzelewski, the CEO of the Institute for Tax Studies commented.

Poland/Economy/Taxes/Elections

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Podpis: APA - Austria Presse Agentur

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