Poland prepares for major tax, crypto, and interest rate shifts

Poland is facing a series of significant legislative and economic shifts. President Karol Nawrocki has signed a law establishing Personal Investment Accounts (OKI), effective January 1, 2027, which allows for tax exemptions on capital gains under certain conditions while introducing new taxation on assets exceeding specific limits.

In the regulatory sphere, a standoff persists between the government and the President regarding cryptocurrency laws. President Nawrocki has vetoed government proposals, citing concerns over overregulation and the potential for driving firms abroad. Public opinion polls suggest a majority of Poles favor a compromise between the two factions.

Economic outlooks for 2026 and 2027 include potential interest rate hikes by the Monetary Policy Council if inflation remains above 4 percent, and major tax reforms. Proposed changes include adjusting the PIT tax scale to benefit millions of workers, increasing the CIT rate for large corporations, and potentially increasing taxes on alcohol and tobacco.

Additionally, discussions regarding the financing of religious organizations are underway, with proposals to replace the Church Fund with voluntary tax deductions. In the healthcare sector, legislative efforts continue to address medical disinformation and the regulation of pseudomedicine.