Poland Has Lowest Taxes?

Lowering Tax

Lowering Tax

“A change in tax thresholds will happen sooner or later, but it must be aligned to the needs of the economy,” according to the Minster of Finance Mateusz Szczurek. The head of the Ministry of Finance avoided any specific declarations of when a cut might be possible, but pointed out that “more will be known when the draft budget for 2016 is accepted”. Szczurek argued that in comparison with other EU countries, Poland is a state with some of the lowest taxes. “Taxes to GDP in Poland are slightly below 31%, which is 8% less than the average in the EU. We actually collect a relatively small amount of money in taxes in relation to the size of the economy,” he stressed.


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