Abstract

Th e article summarizes newly introduced as of 1 February 2016 Polish bank tax. Unlike bank levies in other European countries, the Polish tax is imposed primarily to raise revenue for government’s social spending (and not to stabilize fi nancial sector) and is calculated based on the total amount of taxpayer’s assets (and not liabilities). Unprecedentedly, the Polish tax covers, in addition to banks, also insurance and lending entities seated in Poland.