According to the Ministry of Finance proposed a record rate of 15 per cent. has only apply to small taxpayers, whose revenues from gross sales does not exceed the annual 1.2 million euro (at NBP exchange rate of June 21, which is 4.39 zł, this is the equivalent of approx. 5 million 280 thousand. zł) . As a result of changes in the state budget revenues will decrease by approx. 270 million zł in 2017. The government believes that the changes will help the newly established companies and the smallest operators in increasing their competitiveness.
– this is a solution which is to give small businesses the opportunity to develop, build capital and position their companies. It is finally filling principles, which we adopted in our economic program, speaking about the fact that small companies have become a medium-sized, medium – large, and the big ones are meant to our project business to compete with the biggest in the world markets – underlined during the conference after a cabinet meeting Prime Minister of Law and Justice deputy.
Lower CIT – who benefits?
– In our view, reducing CIT may encourage individuals to establish companies, which will have positive impact on the stability of economic activity. But the fact is that most small and medium enterprises accounted for under the PIT. The change proposed by the Ministry of Finance touches according to estimates by the Ministry of approx. 400 thousand. companies. About three times more settled on the basis of the PIT – emphasizes Agnieszka Durlik-Khouri of the National Chamber of Commerce (KIG).
– the direction of the proposed changes should certainly be viewed positively. Any changes to reduce the burden on the smallest businesses allow for stopping by them most of the profit, which allows reinvestment of resources and, consequently, improve competitiveness. You should consider, however, whether lowering the tax rate is the most effective method to achieving the above objectives. Is it more effective method of reducing the burden on businesses would not simplify the tax system, which on the one hand make it easier for entrepreneurs implementation of tax obligations, on the other hand, reduced the gray zone and ensured a higher budget revenues – says Michal Kurka with the law firm Lynch, pan & Partners
Environmental entrepreneurs are not satisfied with the proposed project and emphasize that the use of it will be small.
– this is political marketing. Information on the reduction CIT to 15 percent. bring more benefits to the government’s image than can benefit the taxpayers. Today the smallest entrepreneurs who are small taxpayers within the meaning of tax laws, the vast majority operate in your name, and not in the form of companies o.o., joint stock or limited by shares. This form is expensive and profitable for larger companies. Thus lowering the CIT and PIT do not, do not embrace those entrepreneurs who operate in small range, and the preferences of those who most expect. In addition, the most likely number of entities, which in the opinion of the government will benefit from the reduction, ie 393 thousand., Will be much lower, because half of the registered tax payers CIT does not run a business, and much of that associations and foundations. Therefore, I hope that the government will appreciate it and will this change as taxpayers PIT – emphasizes Przemysław Przasnyski Confederation Lewiatan.
According to the Central Statistical Office (GUS) in 2014. Poland was 1,824 million micro and small enterprises. The term micro GUS understands the companies that employ up to 9 people, in turn, small businesses are those employing between 10 and 49. GUS estimates that are actively operating companies in this group are approx. 135 thousand. entities. The remaining group of taxpayers include cooperatives (17 thousand.), associations (112.5 thous.) and foundations (22.4 thous.). With lower rates benefit only approx. 8 percent. microentrepreneurs. Krzysztof Komorniczak, an expert of the Business Centre Club, points out in an interview with Onet that accents the proposed changes are poorly distributed.
– actually, the taxpayers of this reduction will not be affected. What else would happen if the government reduced rate to all businesses, especially for those who run a business, but they are individuals. Individuals engaged in business activity that could catch on this reduction, it is much more than companies o.o. Then the change felt by people. Unfortunately, the change applies only to CIT (this pay legal persons) and not to the PIT (or individuals). Companies that embrace these rules are usually entities which are asleep, that do not work or function as limited partnerships.
CIT rates in the West
In the explanatory memorandum to the draft Act Ministry of Finance points out that in other countries in western Europe corporate tax rate is higher. The tax rate income tax in France is 33.33 percent. Small and medium-sized enterprises can benefit from a reduced rate of 15 percent. in the case of profit exceeding 38.1 thousand. euro, if the company’s turnover does not exceed 7 million 630 thousand. euro.
In Spain, CIT rate is 30 percent. Small and medium taxpayers, who started their business in the years 2009 -2014, and does not employ more than 25 people, can benefit from a rate of 20 percent. (To the amount of tax 120 thousand. Euros) and 25 percent (in excess of this amount).
Lithuania in turn, CIT rate is 15 per cent., and for small and medium-sized businesses whose annual income does not exceed 303.3 thousand. euro, used a rate of 5 percent.
In Poland, the CIT rate was also higher. SLD government under the leadership of Leszek Miller declined by leaps and bounds the amount of CIT from 27 to 19 percent. A lower rate was aimed at attracting capital and stimulating entrepreneurship.
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