BRUSSELS — The Polish authorities goals to finish work on a digital tax by the top of the yr, regardless of threats by U.S. President Donald Trump towards nations with such a tax.
“Work is at the moment underway to arrange the draft invoice, which is anticipated to be accomplished by the top of 2025,” a spokesperson for the Polish Digital Ministry stated in written remarks shared with POLITICO when requested about Trump’s feedback.
On Monday, Trump threatened to impose tariffs on nations with a digital tax.
Digital taxes are “designed to hurt, or discriminate towards, American Know-how,” Trump stated in a publish on his social community, Fact Social.
Nonetheless, the ministry stated within the remarks, the Polish digital tax wouldn’t be “aimed toward entities from any particular nation.”
“It’s supposed to use to all related market members.”
Because it stands, Warsaw intends to introduce a 3 % digital tax fee on firms whose world revenues exceed €750 million, successfully concentrating on bigger U.S. tech firms. The aim of such a tax is to make sure that tech firms “producing income from the Polish market pay truthful taxes in Poland.”
Earnings from the tax could be used to help the event of Polish expertise and the creation of high quality Polish media content material.
Providers that might fall in scope are marketplaces, digital focused promoting and knowledge switch providers.
Efforts to provide you with a Polish digital tax, led by left-leaning Digital Affairs Minister Krzysztof Gawkowski, may face resistance from Karol Nawrocki, Poland’s Trump-loving president.