Poland: Council of Ministers preliminarily approves 2026 budget bill, including increase in corporate tax for banking sector
Bill also provides for increase in VAT exemption threshold and increase in excise rates on alcoholic beverages.
The Council of Ministers on August 26, 2025, preliminarily approved the 2026 budget bill, which includes an increase in the corporate tax rate for the banking sector, an increase in the value added tax (VAT) exemption threshold from PLN 200,000 to PLN 240,000, and a 15% increase in excise rates on alcoholic beverages.
In addition, the bill providing for the increase in the corporate tax rate for banks to 23% (from 19%) effective 2028 was published for consultation on August 29, 2025. The bill also proposes a decrease in the tax on certain financial institutions (commonly referred to as the bank tax).
A bill proposing changes in the taxation of family foundations was also published on August 29, 2025.
Read a September 2025 report prepared by the KPMG member firm in Poland