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Poland's Proposed Notional Interest Deduction

|Proposed Changes|Poland
Poland

As part of proposed tax reforms for 2019, Poland is planning for the introduction of a notional interest deduction. The deduction would be based on the amount of capital contributions and retained profits for the year multiplied by a prescribed rate. As proposed, the rate would be equal to the reference rate of the National Bank of Poland plus 1.0%, with the total deduction per year limited to …

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