Polish President Makes U-Turn, Signs Windfall-Tax Bill Into Law
15 Articles
15 Articles
Polish President Karol Nawrocki has signed into law a bill introducing a windfall tax on oil companies and referred it to the Constitutional Tribunal for review, the President said on Thursday.
Polish President Makes U-Turn, Signs Windfall-Tax Bill Into Law
Poland’s President Karol Nawrocki signed a bill introducing a windfall tax on fuel companies including Orlen SA, reversing his previous opposition to the measure and clearing a path for the government to finance relief for drivers and contain pressure on public finances.
President Karol Nawrocki delivered a speech to the Polish people. In it, he announced the signing of a key bill that could soon impact Polish household budgets. This bill concerns a tax on windfall profits of fuel companies.
Karol Nawrocki signed a law concerning the extraordinary profits of fuel companies. He also announced that it would be referred to the Constitutional Tribunal for a subsequent review. In Thursday's address, the president focused primarily on fuel prices, the cost of living, and the state of public finances. He also made strong remarks against the government. Some of the assessments he presented are political in nature and were part of […] The ar…
President Karol Nawrocki signed a law introducing a tax on extraordinary profits of fuel companies. The government intends to use these funds to finance protective measures and lower fuel prices. Prime Minister Donald Tusk announced that the "Lower Fuel Prices" program may be reinstated after the president signs the law.
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