Poland: 2026 budget bill adopted by upper house of Parliament with amendments; various tax-related bills acted upon by president

The 2026 budget bill was adopted by the upper house of Parliament (Senate) with amendments and will now be re-submitted before the lower house of Parliament (Sejm).

In addition, the president recently vetoed certain tax-related bills, including one providing for an increase in excise duty rates (15% in 2026 and 10% in 2027) and another providing for an increase in the sugar tax in 2026. The bills will now to be re-submitted before the Sejm.

At the same time, the president signed into law several tax-related bills, including those:

• Enabling entrepreneurs to settle value added tax (VAT) related to the import of goods directly in their tax returns
• Simplifying tax regulations on accelerated depreciation
• Introducing amendments to taxation of copper and silver extraction
• Introducing new Polish Classification of Activities (Polska Klasyfikacja Działalności (PKD)) codes
• Bringing amendments to tax advisory principles
• Determining the rules of establishing tax-deductible costs in cases of redemption of shares or securities under a decision issued by the Bank Guarantee Fund
• Increasing the revenue threshold allowing for the use of the cash PIT scheme from PLN 1 million to PLN 2 million
• Bringing the possibility of reinstatement of a time limit to notify of the acquisition of property and/or property rights by the members of the immediate family
• Introducing a mechanism that will equalize CO2 emission costs between EU producers covered by the EU Emissions Trading System and companies from outside the EU

Finally, a bill providing for an extension of the deadline for submitting JPK files for the purposes of individual (personal) income tax and corporate income tax until the end of the seventh month after the end of the taxable or financial year for entities keeping books of accounts was published. The bill also introduces provisions according to which the power of attorney to sign returns submitted by electronic means of communication granted under the tax law will apply accordingly to the filing of JPK for the purposes of income taxes. The bill is expected to be passed by the Council of Ministers in Q1 2026.

Read a December 2025 report prepared by the KPMG member firm in Poland