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Polish lawmakers approve corporate tax hike for banks

17.10.2025 12:00
Polish lawmakers on Friday approved legislation to raise the corporate income tax rate for banks, part of a broader overhaul of financial-sector taxation.
Polish Finance and Economy Minister Andrzej Domański
Polish Finance and Economy Minister Andrzej DomańskiPhoto: Przemysław Chmielewski/Polskie Radio

Under the bill, the corporate income tax rate for banks will increase from the current 19 percent to 30 percent in 2026, 26 percent in 2027 and 23 percent from 2028 onward.

The measure passed the lower house of parliament by a vote of 238 to 187, with 18 abstentions, state news agency PAP reported.

Finance and Economy Minister Andrzej Domański has said the hike reflects both fiscal necessity and what he called a matter of fairness.

"The banking sector in Poland has achieved unprecedented profits over the past two years—not because of innovation or exceptional efficiency, but due to high interest rates," Domański told reporters.

"As the country bears huge defence expenses to ensure the security of citizens, basic fairness requires that the sector performing so well in this environment share the responsibility," he said.

"This is not about punishing banks; it’s about sharing responsibility for the state in difficult times," he added.

The bill now moves to the Senate, the upper chamber, for debate.

If signed into law by President Karol Nawrocki, the higher tax rates will take effect in January.

(gs)

Source: IAR, PAP, polskieradio24.pl