Taxes
Polish authorities unveil new capital gains tax form
Polish tax authorities have published a sample of next year?s PI-38 tax form for stock market investors, the first since the country started levying 19 percent capital gains tax on January 1st 2004. All Polish investors have until the end of April 2005 to pay the tax and file their tax statements based using the one-page form. Stockbrokers will supply data for PIT-38.
However, tax planners and equity brokers say the law doesn?t explain various tax-related issues, including deductibility of asset management fees, investment research, online quotes and interest on securities purchased through margin accounts.
Telecommunications
Senate strikes down parts of new telecoms law
Polish web users breathed a sight of relief yesterday after...