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Monday, October 14, 2024

Sejm. Belka tax with changes? Surprising voting results of MPs. “We achieved real success”

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On September 13, during the Sejm session, the members of parliament voted, among other things, on changing the Belka tax. Surprisingly, the bill was not rejected.

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Sejm. Belka tax with changes. “Work on the opposition bill will continue”

The Civic Coalition, the Polish People's Party and the Left were unable to reject the bill. 154 KO deputies, 32 PSL deputies and 25 Left deputies voted for rejection – but this did not give them a majority. In turn, all PiS, Confederation, Kukiz'15, Poland 2050 deputies and Klaudia Jachira from the Civic Coalition voted against rejecting the changes to the Belka tax. “Together with the deputies of Poland 2050, PiS, Kukiz'15 and Klaudia Jachira, we have just won the vote, thanks to which work will continue on the opposition bill on reducing the Belka tax,” wrote Krzysztof Bosak, Deputy Speaker of the Sejm and Confederation deputy, on Platform X.

In turn, SÅ‚awomir Mentzen wrote on the platform Xthat “the government is doing everything it can to make taxes high and complicated”, but this time they failed to reject the project outright.

Belka Tax. The Sejm voted for the changes proposed by PiS

The draft of changes to the Belka tax was submitted by Janusz Kowalski and Jacek Sasin from Law and Justice. The idea was also supported by the Association of Individual Investors. “We succeeded – as a substantive opposition, we achieved real success. We are on the right track to reform and reduce the Belka tax, creating a new investment impulse, which our economy needs so much,” he wrote on the platform X Jacek Sasin.

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As PiS MPs reported on social media, the project assumes that losses from the sale of shares will reduce the tax on dividends, the real profit from long-term investments in shares will be taxed and that losses from the sale of shares will reduce the tax for the previous year. These changes are to benefit primarily those investing on the WSE. The draft changes to the Belka tax will go to the Public Finance Committee.

According to Deputy Finance Minister Jarosław Neneman, the draft amendment to the Belka tax will complicate the tax system in Poland, and the proposed solutions would have a negative impact on the state's tax revenues.



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