June 25th, 2020
If the European Union does not make a decision on taxing digital companies by the end of this year, Poland will do so on its own, Finance Minister Tadeusz Koscinski told the business website money.pl. On June 18, the United States withdrew from OECD negotiations on a digital tax but talks are continuing on the EU forum. Koscinski said it was possible the EU would step up work on the tax that is likely to prop up the bloc's budget, adding this solution would be better than "implementing such international taxes by a single country, as that wouldn't be water-tight." "If there is no pan-European decision by the end of this year, we must quickly implement a Polish tax because we can't allow big companies to run their businesses in our economy and not pay taxes here," he said.