Lawyers who analyzed the bill for “PB” alarm that it is very dangerous.
“There are several interesting solutions but the bill is terrible. In fact it introduces a sales tax. Many companies would not survive it. It’s better to throw it away”, Jaroslaw Chalas, Business Center Club expert commented.
Samoobrona proposes to lower the corporate income tax from 19 to 10 percent. The tax, however,t couldn’t be lower than 1.5 percent of sales.
“This means that CIT would disappear for some groups. The tax would be counted according to the sales. It would be higher than today. Even companies generating losses would have to pay it. Many firms, both big and small ones, would not manage to pay it. Investors would avoid Poland”, Jaroslaw Chalas believes.
Samoobrona estimates that the budget would collect PLN 15 billion (EUR 3.9 billion) more than today.
There are several positive proposals in the bill, including the possibility to temporarily stop doing business for all 1-person companies. The founding capital for companies would be lowered from PLN 50,000 to 5,000. Some fees would be reduced as well.
(PLN 1 = EUR 0.266)