Poland's moves to reduce tax evasion appear to be working, with the tax-evading, unregistered segment of its economy having shrunk by 1%.
The government has boosted its annual revenue by about PLN 20 billion (US$5.58 billion), the United Nations Global Compact Network Poland says in a report.
According to Radio Poland, the off-the-books part of the economy represents 11% of the country’s gross domestic product. The fightback covers industries such as tobacco, fuel, gambling and spirits, as well as food service, mining, energy and waste management.
A national receipt lottery has meant that many consumers are now collecting purchase receipts, thus making it harder for dishonest businesspeople to hide their income.
Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.
Poland's moves to reduce tax evasion appear to be working, with the tax-evading, unregistered segment of its economy having shrunk by 1%.
The government has boosted its annual revenue by about PLN 20 billion (US$5.58 billion), the United Nations Global Compact Network Poland says in a report.
According to Radio Poland, the off-the-books part of the economy represents 11% of the country’s gross domestic product. The fightback covers industries such as tobacco, fuel, gambling and spirits, as well as food service, mining, energy and waste management.
A national receipt lottery has meant that many consumers are now collecting purchase receipts, thus making it harder for dishonest businesspeople to hide their income.
Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.
