Biznes Fakty
The Ministry of Finance plans to increase the corporate income tax rate for banks and reduce the banking tax
The Ministry of Finance plans to raise the income tax rate applicable to banks, as stated by Deputy Finance Minister Jarosław Neneman. By 2026, this rate will increase to 30 percent, up from the current 19 percent.
„To fund the rising defense expenditures, the Ministry of Finance intends to elevate the income tax rate on banks,” Deputy Finance Minister Jarosław Neneman informed PAP. „The tax rate will rise from 19 percent to 30 percent in 2026, decrease to 26 percent in 2027, and subsequently settle at 23 percent in later years,” he elaborated.
He clarified that the banking tax rate will also be lowered. At present, it is set at 0.0366 percent of the tax base each month.
Amendments to CIT for banks
„Overall, over a decade, the proposed measures are projected to generate over PLN 20 billion for the budget, representing a substantial contribution from the banking sector towards financing state budget expenditures, particularly increased allocations for safety and health protection,” the Ministry of Finance mentioned in a statement.
The Ministry of Finance anticipates that the future CIT rate for banks (from 2028) will be 23% instead of the current 19%. In 2026 and 2027, the CIT rates are expected to be 30% and 26%, respectively.
Tax modifications
The Ministry of Finance also suggests a gradual decrease in the tax rate on specific financial institutions (known as the bank tax) by 10 percent in 2027 and by 20 percent (relative to the current year) starting in 2028, aimed at encouraging lending activities.
„The rate for the banking sector will be cut by 10 percent in 2027 and by 20 percent; however, it will remain unchanged in 2028. After that, we might consider adjustments to the banking tax,” stated Deputy Minister Neneman.
This year, the budget is expected to receive more than PLN 6.9 billion from the bank tax, which pertains to certain financial institutions. From January to July of this year, revenues from this source amounted to just under PLN 4.1 billion.
The anticipated implementation date for these changes is January 1, 2026.
