The Polish Parliament’s Finance, Taxation, and Customs Policy Committee has advanced two legislative proposals aimed at incentivizing industrial investment. Bills No. 13414 and 13515 propose amendments to the Customs Code and Tax Code, respectively, to establish a compensation model for industrial investments through tax incentives. These measures seek to attract foreign capital and stimulate domestic industrial growth.
According to the committee’s report, the proposed tax incentives would allow companies investing in industrial sectors to receive reduced tax rates or tax credits in exchange for meeting specific investment thresholds. The compensation model would be administered by the Ministry of Development, with oversight provided by the National Tax and Customs Administration. The committee emphasized that these changes are part of a broader economic strategy to modernize Poland’s industrial base and enhance its competitiveness in the European market.
The recommended bills are now set for further review by the Chamber of Deputies. If passed, they would represent a significant shift in Poland’s approach to industrial policy, potentially leading to increased infrastructure development and job creation. Economic analysts suggest that the measures could attract substantial foreign direct investment, particularly in manufacturing and technology sectors. However, some critics warn that the tax breaks might reduce government revenue and require careful monitoring to ensure they are effectively utilized.