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Tax news and information from Poland
IBM Report: Global Location trends 2017. Poland is being on the make in FDI Ranking According to the latest IBM Report (2017 Annual Report: Global Trend Locations) Poland soared to 11th place in the ‘Top-ranking destination countries by estimated jobs’ from 17th place last year. Poland has shown increases of...
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Poland – An under-the-radar economic star
Poland, an under-the-radar economic star that President Trump recently visited, he chose Warsaw, before Berlin, Paris or Brussels, and participated in a meeting to promote regional economic ties in Eastern Europe. Poland is working its way up just as the Asian wonders did, as a manufacturing power, even though this...
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Poland – Record amount of leasing office space
Total supply in the nine major markets in Poland at the end of H1 2017 reached almost 9.3 million sqm. Over the first six months, developers completed 300,000 sqm. of office space, with more than 130,000 sqm. being completed in the capital Warsaw. Krakow was the regional city with the...
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Investing in Poland?
If you are looking to invest in Europe, look no further than Poland… Find out in this latest report, a complete overview of the Polish market and if it’s worth investing there. Click the link to download the research paper – https://securities.bnpparibas.com/insights/poland-market-snapshot.html (Source: BNP PARIBAS) Poland Market Insights ‘Summary’ Consumer...
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Poland – Economy & Trade
Poland amongst the EU leaders with GDP growth of 4.4% Central Statistical Office of Poland (GUS) and Eurostat have published data on GDP, in the second quarter the Polish economy has grown significantly faster than the average of EU Member-States. Poland’s economy topped analysts’ expectations and in the second quarter...
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Business news from Poland
When developing the Polish FinTech sector foreign expansion is necessary Poland is the largest FinTech centre in Central East Europe (CEE). According to Deloitte Poland, the value to the Polish economy is around EUR 860million within this sector. The latest report from Deloitte shows that 72% of start-ups in Poland...
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VAT split payments being considered by Poland from 2018
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Date25 May 2017
/Voluntary VAT split payments system is being considered by Poland, introducing from 2018. This measure, which will include customers paying VAT into a unique, locked bank account, is intended to reduce VAT fraud. This drafted scheme comprises of a split payment procedure, whereby the VAT amount of a sale is...
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Reduced VAT on e-Books backed by EU committee
An important EU Parliamentary committee has voted to back the European Commission (EC) suggestions to decrease VAT on electronic books to the same rates as their paper equivalent. The full EU Parliament will now vote on, after the Economic and monetary Affairs Committee backed the measure. Within the EU VAT...
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VAT rises ruled out ahead of UK elections
The current Conservative government and the main opposition Labour party recently ruled out future rises in VAT ahead of June’s election. Since the 10%+ debit from the financial crisis, the UK has enjoyed a decreasing government deficit, but still faces a challenge to balance the books. Since the 2015 elections...
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More than 35,000 micro-businesses drawn into Brexit EU VAT net
It is estimated that 35,755 UK micro-business selling over the internet into Europe face being drawn into the EU VAT net for the first time following Brexit. Cost could reach €216,000pa to meet this new requirement. EU VAT exemption will benefit UK e-Commerce businesses As part of the UK’s membership...
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