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Higher corporate tax on state energy firms could yield nearly 7 billion zlotys
๐Ÿ“ˆ Business

Higher corporate tax on state energy firms could yield nearly 7 billion zlotys

A new, higher corporate income tax rate on state-controlled energy companies could bring the state budget nearly 7 billion zlotys annually in the coming years. The announcement triggered an immediate negative market reaction, with energy company shares falling at the start of trading. Detailed plans for the change have not yet been announced.

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