Poland plans no changes to financial asset tax
March 21, 2017
The Polish government has no plans of amending the bill on financial asset tax, deputy Finance Minister Wieslaw Janczyk said.
"For the time being one cannot speak of corrections in the bill on banking tax," Janczyk said, adding "it's worth leaving a stable" situation.
The government collected PLN 726.4 million in the tax on assets of financial institutions in January-February period, the Finance Ministry said in a statement citing end-February budget realization figures.
The government expects to collect over PLN 3.94 billion in the banking tax in 2017.
Back in January deputy Finance Minister Piotr Nowak said Poland may tweak risk weights and banking tax rates for the FX loans in order to push banks to convert such loans to the zloty.