Attempt: Tax Exemption and Drain

attempt: It's an attempt by the government to stop the dramatic brain drain Poland has experienced since it joined the European Union 15 years ago, according to CNN. Prime Minister Mateusz Morawiecki said the tax exemption will bring new opportunities for young people so they match those available in the West. A new law that comes into effect in Poland this week will scrap income tax for roughly 2 million young workers. Poles under the age of 26 who earn less than 85,528 Polish zloty 22,547 a year will be exempt from the country's 18% income tax starting August 1. Read More The government said 2 million people will qualify for the benefit. The allowance is generous, considering the average Polish salary stands at just below 60,000 zloty 15,700 a year. (news.financializer.com). As reported in the news.

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