CIT hike to 22% would cut valuations of two-thirds of WIG companies by 3–4%

Prime Minister Donald Tusk's government has proposed raising the corporate income tax (CIT) rate from 19% to 22% for companies with annual revenues above €50 million. Analysts at Trigon DM estimate the change would affect around two-thirds of WIG-listed companies, reducing their valuations by 3–4%. The proposal was unveiled on Wednesday.