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Poland makes a new tax for oil firms

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Poland has a new tax. The name is Über-Gewinn-Steuer. Big oil firms must pay this tax. The firms make very high money now.

President Karol Nawrocki signs the law. He wants to lower prices for fuel. The money from the tax goes into a help pack.

Gas and diesel are expensive in Poland. One litre costs over 2 Euro. The finance minister waits for lower prices. The prices shall fall by 23 cents per litre.

First the president does not want the law. He makes a veto. But the people in Poland make pressure. Now the court checks the law again.

Also in Germany is a fight about this tax. The SPD wants to bring the tax. The CDU is against the tax. Until now is no deal for all of Europe.

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Definitions

Über-Gewinn-Steuer
An extra tax for firms. They must pay it when a firm makes much money from crises.
Veto
The right to stop a choice or a law.
Zloty
This is the name of money in Poland. It is the money of the land.

People

Karol Nawrocki
He is the current president of Poland.
Donald Tusk
He is the prime minister of Poland and leads the government.
Andrzej Domanski
He is the finance minister of Poland.

Locations

Polen
A land in Europe and a neighbor land of Germany.

Sources

Logo Spiegel
Spiegel

Polen führt Übergewinnsteuer für Mineralölkonzerne ein

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Logo Die Presse
Die Presse

Polen führt Übergewinnsteuer für Ölkonzerne ein

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Logo FAZ
FAZ

Business-Liveticker: Studie: Polen führt Übergewinnsteuer für Mineralölkonzerne ein | FAZ

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