21 thousand 85 new taxpayers and 47.4 million more in the budget – these are the effects of the “Pay taxes in Krakow” campaign for 2016. According to the chairman of KrakΓ³w City Council, this result is the effect of the growing awareness of the residents and the attractiveness of Krakow as a place to live.
Year 2017 brings multiple changes inΒ Polish tax regulations thatΒ entrepreneurs should be aware of, including:
LOWER INCOME TAX (CIT)
A new rate of 15% (instead of the previous 19%) was introduced for smaller companies. This rate is available for new businesses and companies that had income (including sales tax) not exceeding 1Β 200Β 000 euro (5 157 000 PLN in 2017) in the previous year. Capital groups are not allowed to use this rate.