Poland's new tax laws resolve ambiguities in favor of taxpayers and ease rules for small businesses.
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About 70 proposals sent to Finance Ministry with 60 analyzed and 35 partially or fully adopted. New rules resolve unremovable doubts on tax law facts in taxpayer's favor. Principle applies to tax proceedings initiated by authorities, audits, and customs controls. Excludes cases with conflicting interests or public interest overrides. Depositaries of investment funds no longer verify full compliance with all laws or statutes. Reduces costs for funds and boosts returns for individual investors. Small public offerings under 1 million euros skip investment firm intermediation. Lowers capital-raising costs and boosts small business access to markets. Changes enter force 14 days after gazette publication.

Poland and the Poles Economy Politics Europe and the EU Economics

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