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Poland: Hold on Tax to Attract Investors

Published: May 23, 2013; 16:08 · (Vindobona)

Hydrocarbons tax on hold till 2020 to enhance investments in shale gas.

The hydrocarbons law will come into effect in 2015, but Poland will not charge the tax on hydrocarbons until 2020 in order to attract investors in shale gas extraction, Finance Minister Jacek Rostowski told during a press conference on Wednesday. "The act on taxing (hydrocarbons) will enter into force in 2015, but the tax would be collected only as of 2020," Rostowski said. "The…

This article includes a total of 233 words.

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