WARSAW: Law and Justice (PiS), the second-largest political party in Poland, which is believed to be the frontrunner in upcoming elections, has put forward a proposal for an asset tax on banks and other financial institutions.
The party told Polish newspaper Dziennik Gazeta Prawna that it favors the introduction of a tax on the assets of banks, insurance companies, and investment funds. It has suggested a rate of 0.39 percent. The party has also proposed the introduction of a turnover tax on supermarkets, in an effort to improve industry compliance rates.
