A bill raising the top rate of income tax for high-earning Poles received final approval from the country’s parliament last week.
The Senate’s approval of the measure means that the top income tax bracket will be increased to 50% from 40% on income over PLZ600,000 (EUR139,000, US$176,000), although the bill must be signed by President Aleksander Kwasniewski before becoming law.
Last month, the lower house, the Sejm, also approved the measure in a 325 to 67 vote.
The tax hike is expected to increase tax revenues by PLZ240 million per year, and it has been estimated that the move will affect around 4,000 Poles.
At present, Poland has three personal income tax rates, set at 19%, 30%, and 40%.
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