ARTICLE
22 September 1997

Polish Flood Losses Will Be Tax Deductible

K
KPMG

Contributor

Poland
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Proposals to allow both personal and corporate income taxpayers the right to deduct losses caused by the recent floods over a five year period have been approved by Polish Parliament. Further details will be published in next month's newsletter

Tax laws and practise are constantly being revised and, whilst every effort is made to ensure that the information in this tax newsletter is accurate and timely, no decision should be taken on the basis of the information herein without first consulting with KPMG Polska.

Should you have any questions in relation to the above issues, please contact:

Oliver Sinton
KPMG Polska
LIM Center - Marriott Hotel - IX floor
Al. Jerozolimskie 65/79
00-697 Warsaw, Poland
Tel: +48 (22) 630 7236
Fax: +48 (22) 630 6355
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