Tax breaks across Poland planned for investors

The Polish government on Tuesday adopted plans to offer tax incentives to investors across the country, not just in areas designated as special economic zones (SEZs).

Officials said the new rules would encourage investment in regions with high unemployment, and in mid-sized towns suffering economic decline.

Also favoured will be projects boosting the competitiveness and innovation of regional economies, with a knock-on effect on the Polish economy as a whole.

Tadeusz Kościński, deputy head of the entrepreneurship and technology ministry, said that parliamentary work on the new legislation was likely to be completed in the first quarter, so that investors can take advantage of incentives at the beginning of the second quarter.

The new rules are expected to help create 158,000 new jobs by 2027, officials said last year.

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