PolandThe Polish Sejm has adopted amendments to a law introducing a new tax on extraordinary profits from the sale of liquid fuels earned between March and December 2026. The tax aims to compensate for revenue losses caused by reducing the VAT rate on fuels to 8% and lowering excise duties to EU minimum levels. The tax rate would be 60%, calculated based on the excess of revenues over a reference margin derived from average margins in 2025 plus 20%. This approach has drawn criticism from the fuel industry, which argues that the tax is based on margin surpluses rather than actual economic profits. The law now awaits approval from President Andrzej Duda, who has 21 days to sign or veto it. The regulation could significantly impact private Polish fuel importers, as the tax applies to both large corporations and smaller businesses involved in fuel production and trade.
Bias read (Center): The article presents the proposed tax objectively, outlining its purpose, structure, and potential impacts without overtly favoring either supporters or critics. It includes perspectives from both the government and the fuel industry, providing balanced context.
