How Poland’s Restrictive Tax Treatment of Losses Penalizes Risk-Taking and Business Expansion
Poland has one of the most restrictive approaches to the tax treatment of losses in the OECD. Loss carryover provisions allow businesses to deduct their losses in one year against taxable income in another, smoothing their taxable income over time. Their absence or restriction leads to firms with more variable profits and losses over time being taxed at higher rates, penalizing risky investment,…
We haven't written up this one. Tax Foundation has the full story — the link below goes straight to it.
