Poland revives 60% windfall tax on fuel companies
Poland’s government has revived plans for a temporary windfall tax on fuel companies, proposing a 60% levy on revenues deemed to result from unusually high margins during this year’s energy-market disruption.
The tax would apply to fuel producers and companies importing or acquiring certain liquid fuels from other EU countries, PAP reported on September 14. The government is due to consider the proposal on September 15.
The taxable amount would be calculated as revenue exceeding what a company would have earned using its average 2025 fuel-sales margin, increased by 20%.
The government says this should exclude normal profitability and gains resulting from business expansion or investment. Payments would be made through monthly advances followed by an annual settlement.
The proposal replaces legislation passed by parliament in July that also imposed a 60% rate and was expected to raise about PLN4bn.
President Karol Nawrocki referred that law to the Constitutional Tribunal on July 24 before signing it, arguing that taxing gains dating from March violated the principle that legislation should not operate retroactively.
Government officials subsequently said a revised version would avoid retroactive taxation.
Warsaw wants the levy to recover part of the cost of measures introduced after the Middle East conflict and oil-supply disruption drove fuel prices higher. The government’s CPN fuel-price package cost about PLN4.7bn, while fuel companies benefited from sharply higher refining and trading margins, the Energy Ministry said.
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