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Polish Lower House Backs Windfall Profit Tax Bill, Sends It to Senate

Polish Lower House Backs Windfall Profit Tax Bill, Sends It to Senate

Dong Chen

Dong Chen

3h ago·1

Poland's Sejm, the lower chamber of parliament, has approved a draft law introducing a tax on excess profits, Interia Biznes reported on Friday. The bill now moves to the Senate, the upper chamber, for its next stage of consideration.

According to Interia Biznes, this marks the second time lawmakers have attempted to push the measure through. The outlet did not specify in its headline report which sectors would be covered by the proposed levy or what rates it would set.

The vote drew attention alongside separate developments on fuel policy. TVN24 reported that the Sejm reached a decision concerning fuels, while Money.pl said the president announced a new move on fuel prices. Fakt reported that the president's plan to bring fuel prices down was described by one expert as a "breakneck proposal," though the details of that plan were not laid out in the material available.

poland
poland

The windfall tax bill and the fuel price debate are being tracked as connected threads in Poland's current economic policy discussion, with multiple outlets covering the parliamentary session's outcomes on the same day.

What to watch next: whether the Senate amends or approves the windfall tax draft, and how the president's fuel price proposal develops in parallel.

#poland#windfall tax#sejm#senate#fuel prices
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