Poland to introduce Personal Investment Account allowing to invest up to PLN 100k with no capital gains tax
Poland's Ministry of Finance wants to introduce Personal Investment Accounts (OKI) allowing foir investments of up to PLN 100,000 (EUR 23,400) without capital gains tax, Finance and Economy Minister Andrzej Domanski said in a presentation. The finance ministry estimates that OKIs may generate approximately PLN 100 billion (EUR 23.4 bln) in revenue over the first three years.
Domanski added that funds at voluntary Personal Investment Accounts exceeding PLN 100,000 (EUR 23,400) are to be taxed at a rate of 0.8-0.9 percent.
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