Proposition of lower Personal Income Tax due for income from tenancy

1-09-2009

The Sejm is working on the draft of changes to the Act on Protection of Tenants’ Rights. The amendment is, first of all, to encourage the tax-payers not to hide their incomes from tenancy. The income tax due for incomes from tenancy will still be paid according to the flat rate of 8.5%. However, the 20% rate applicable if the annual income from tenancy exceeds EUR 4,000 will be abolished.

Kontakt: Paweł Nowak,

pn@pnplaw.pl

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