Poland is Expected to Reduce its Corporate Tax Rate
November 11, 1998
| By Keith Martin in Washington, DC
POLAND IS EXPECTED TO REDUCE ITS CORPORATE TAX RATE from 36 to 32% effective January 1. At the same time, companies will no longer be able to claim a special tax deduction for 25% of an investment’s value. The business community was disappointed that proposals for a corporate tax rate in the 22 to 26% range have been set aside for now.