The income threshold for the reduced corporate tax rate (15%) for small taxpayers in Poland for 2018 is income of PLN 5.176 million, inclusive of VAT, in 2017. The same threshold applies for the simplified VAT regime for small taxpayers, which includes the option to account for VAT on a quarterly basis instead of the standard monthly basis. For small taxpayers meeting the aforementioned threshold and newly established businesses, the investment incentive deduction for fixed assets in asset gr…