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r﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽﷽ section 8) e peak at 119.1 in January 2014
- Wyrzykowska, E. sYNOsed in only USA from 18% to 21%.n custoxc | |
PESTLE ANALYSIS FOR POLAND
I- Political factors
1. Government stability and likely changes
Poland’s political landscape has evolved into a stable democracy since the fall of communism in the country. Its strong foreign policy assures it political and economic security. Ever since the setting up of a democratic framework, various governments of Poland have undertaken initiatives to privatize companies in several industries. The government is in the process of privatizing numerous financial institutions, as well as companies in the power, chemical, and petroleum sectors. The privatization of companies is one among many measures the government is taking to reduce its budget deficit. However, Poland’s political and bureaucratic systems face widespread corruption, which has been a barrier to foreign investment.
2. Tax policy
The Polish tax system is comprehensive and tightly regulated. Any taxpayers conducting a business activity in Poland may be subject to the following taxes:
All taxes are imposed entirely based on Acts passed by the Polish Parliament, which means that taxes cannot be imposed based on decrees issued by the Ministry of Finance or any other authority. This ensures the certainty of law and protects taxpayers from unpredictable changes in legislation.

Additionally, in case of uncertainties regarding the interpretation of the tax law, Polish taxpayers are entitled to apply to the Minister of Finance for an individual ruling. The individual ruling is an official interpretation of the tax law in an individual case presented by a given taxpayer. Such interpretation issued by the Minister of Finance protects the taxpayer in any subsequent tax proceedings commenced against him or her with respect to the issues

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