National Bank of Poland interest rates in January 2024
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Date12 Jan 2024
The first interest rate decision of the year was made on 8-9 January at the Monetary Policy Council meeting. Interest rates have remained at the same level since November 2023....
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Minimum income tax from 1 January 2024
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Date24 Nov 2023
From 1 January 2024, minimum rules for corporate income tax will come into force in accordance with Article 24ca of the CIT Act. This tax is intended to tighten the...
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Withholding a PESEL number
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Date20 Nov 2023
Since 17 November, Polish citizens have the possibility to withhold their PESEL number in the national register. This is intended to prevent the unauthorised use of personal data when taking...
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The NBP interest rates remain unchanged
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Date15 Nov 2023
During its meeting on November 7-8, 2023, the Monetary Policy Council decided to leave interest rates unchanged. This decision came as a surprise to economists who had anticipated a further...
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Core inflation decreases – new data from the National Bank of Poland
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Date20 Oct 2023
Every month, the National Bank of Poland runs an analysis of four core inflation indicators, which is an important instrument for understanding price dynamics in Poland. The main indicator, the...
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Amendment to the Code of Commercial Companies
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Date10 Oct 2023
On August 22, 2023, the President signed the Act of August 16, 2023, amending the Commercial Companies Code and certain other acts. The Act came into force on September 15,...
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Foreign controlled entities (CFCs) – tax on pass-through income
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Date12 Jul 2023
Pass-through income is defined as a specific type of tax-deductible expenses incurred by a taxpayer to a non-resident related party during the tax year. Taxes on pass-through income at a...
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Swedes invest in cellulose fibre packaging production in Kostrzyn
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Date17 May 2023
The paper manufacturer Arctic Paper and the Swedish cellulose producer Rottneros AB have contractually agreed on a joint venture for the construction of a paper mill in Kostrzyn nad Odra....
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Start of production of Jeep Avenger in Tychy
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Date10 May 2023
At the car plant in Tychy (formerly Fiat-Chrysler), the Stellantis Group has started regular production of the Jeep Avenger. The fully electrified vehicle is the first Jeep produced by the...
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Polenergia opens one of the largest wind farms in Poland
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Date05 May 2023
The private company Polenergia has opened FW Dębsk, its largest wind farm. With a projected annual output of 366 GWh, equivalent to the electricity needs of around 180,000 private households,...
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