Navigation

 
Please note:
You are in the euro|topics archive. For current articles from the European press review, please go to www.eurotopics.net.

Home / Index of Authors


Semeniuk, Piotr


RSS Subscribe to receive the texts of "Semeniuk, Piotr" as RSS feeds


1 article of this author has been cited in the European Press Review so far.


Polityka - Poland | 03/11/2015

Kaczyński won't get rid of international companies

The new ruling party in Poland, the national conservative PiS, plans to introduce special taxes on retail chains to put Polish traders at an advantage vis-à-vis international companies. The centre-left news magazine Polityka doubts that a corresponding law would have the desired effect: "The revenues of between three and four billion zloty [750 million to a billion euros] that this would generate will certainly hit someone hard. The question is who? … We can safely assume that only those chains that are the least profitable will pull out of Poland. Something similar has already happened in Hungary, where the Belgian-French companies Match and Profi beat a retreat after the introduction of a turnover tax. So such legislation would reduce the market share of the smaller companies to the benefit of competitors who work very profitably. That means the PiS's new tax would probably only have the effect of changing the market structure."

» Index of Authors


Other content