The coalition also intends to restore predictability in the tax system “as soon as possible” by stabilizing the law and restoring dialogue with organizations representing employers and trade unions.
The parties to the Coalition unanimously admit that a stable, friendly and fair tax system is a necessary condition for increasing the investment rate in the economy. To this end, the parties to the Coalition will, in particular, introduce the principle of a minimum six-month vacatio legis for changes in tax law.” – it was indicated in the public coalition agreement.
The opposition parties also unanimously declare their readiness to reduce the tax burden imposed on working people in order to stimulate professional activity and support families.
Six months of vacatio legis for companies due to tax changes
The key here is the provision regarding vacation legis, i.e. the period specified in the law between the publication of a legal act and its entry into force. It turns out that, as we read in the PwC report “Vacatio legis to be corrected”, recent years have been quite a challenge for companies in this respect.
“Legislation in the area of taxes has undergone significant changes in recent years. The consultation process on draft legal acts has been shortened by an average of 2 months – a key stage for assessing the rationality of changes and the practical possibility of their implementation. The vacatio legis in tax regulations has also been significantly shortened, from 50 to 15 days on average, which means that entrepreneurs have less time to prepare for changes, often within already started business projects. – wrote PwC experts.
It is clearly troublesome for Polish business. Over 70 percent respondents of the CFO Compass survey claim that the key challenge in the tax area are unclear tax regulations and their frequent changes.
Estonia is a leader when it comes to the competitiveness of the tax system
In Poland, there are no legal solutions that would protect taxpayers against the effects of hastily prepared legislation.
The leader here seems to be Estonia, which in its tax code explicitly undertakes to comply with a 6-month vacatio legis in the case of laws on public levies. Estonia is number one in terms of the quality of its tax system. Now Donald Tusk’s government wants the same thing.
– The comfort and security of business in Estonia results from legal standards that provide time to properly prepare and understand changes in taxes – explains Hannes Lentsius from PwC Estonia.
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2023-11-10 12:59:42
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