Government Closer to Taxing Extraordinary Profits From Oil Companies: Bill Has Already Arrived in Parliament
16 Articles
16 Articles
A debate was held in the Sejm on the draft law on the tax on extraordinary profits from fuel sales. Representatives of the pro-government political parties voted in favor of the bill.
The Government justifies the measure with rising fossil fuel prices and with exceptional growth in profit margins in the oil sector, in particular in extraction and refining
The diploma will also have to be discussed and voted on by Members of Parliament so that what the government presents as a "temporary and strictly proportional financial instrument", of extraordinary and temporarily limited nature, can be created.
Proposal for the contribution of temporary solidarity on the oil sector covers the taxation of 2026 for companies with rising profits compared to the average of 2024 and 2025.
The government has adopted a bill introducing a tax on extraordinary profits of fuel companies, announced Council of Ministers spokesman Adam Szłapka. He added that if the bill is signed by the president, the government will revert to the Lower Fuel Prices program.
The parliamentary public finance committee adopted an amendment on Wednesday that will allow the minister to reduce excise tax on fuels by regulation. This change was incorporated into another draft tax on windfall profits of fuel companies.
Coverage Details
Bias Distribution
- 60% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
