The Polish Ministry of Finance plans to introduce a global minimum tax for entities belonging to international and domestic groups – according to the draft law included in the list of legislative and program works of the Council of Ministers. The global minimum tax system is to be based on three types of equalization tax.
Global minimum tax – draft law of the Ministry of Finance
The introduction of a global minimum tax is assumed in the draft act on equalization taxation of entities belonging to international and domestic groups, prepared by the Ministry of Finance, which is to be adopted by the government in the third quarter of 2024.
After all, the auction is about the best market price. The question is whether comparing all price offers in real time is only the privilege of the auction organizer or the right of all participants. Online sales platforms generate prices because virtual reality allows participants to participate in legal transactions online, eliminating the barrier of locality of a specific event. On the other hand, however, the popularity of online activities generates a number of limitations regarding knowledge about auction increments, which have naturally always existed in conventional live auctions.
On January 1, 2024, there was a sensation in the Polish zloty exchange rate on the currency market in Poland. The popular Google search engine presented data that indicated a significant increase in the value of foreign currencies in relation to the Polish zloty.
Google algorithm error.
The New Year could start very financially for holders of foreign currencies thanks to the current currency rates published by the Google search engine. On Monday, January 1, from 5:30 p.m., Internet users observed a sudden jump in the value of currencies compared to the Polish zloty via the Google search engine. At its highest point, the value of the zloty decreased by over 30%.
The President of the Polish Office of Competition and Consumer Protection announced the imposition of a fine of over PLN 1.5 million on one of international companies operating in Poland. The company allegedly used the so-called dark patterns, or more precisely, automatically added products to customers’ baskets in online shopping.
