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Retail

Poland's Eurocash Group Welcomes European Decision On Retail Tax

Polish wholesaler Eurocash Group has welcomed the decision of the General Court of the European Union to reject the European Commission's classification of a proposed retail tax as 'state aid'.

The proposed tax, which was to be applied to large scale retailers – those posting monthly revenues of over 170 million zlotys (€39.6 million) – was blocked by the European Commission in 2017, however the Court's ruling means that it could now potentially be implemented.

Commenting on the Court's decision, Jacek Owczarek, Eurocash financial director, said, "We believe that for many of our clients the decision of the European Union General Court regarding the tax on retail sales is positive.

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