A draft amendment to the CIT Act and PIT Act provides for the introduction of a tax on commercial real estate located in Poland. In practice, this will be a new tax paid i.a. by the owners of the shopping malls and office buildings, as well as of the large stores. The new tax is to cover the real estate the value of which exceeds PLN 10 million. The rate is to amount to 0.5% of that value on an annual basis above the limit. The tax will be deducted from the amount of the tax resulting from the CIT return.
The amendments are planned to enter into force on 1 January 2018.
The project is at the stage of the assessment.