The BEST Guide to POLAND
Unanswered  |  Archives 
 
 
User: Guest

Posts by matina  

Joined: 12 Jul 2010 / Male ♂
Last Post: 13 Jul 2010
Threads: 1
Posts: 2
From: Los Angeles
Speaks Polish?: Yes

Displayed posts: 3
sort: Latest first   Oldest first   |
matina   
13 Jul 2010
Law / Foreign retirees taxed in Poland? [25]

Nierozumiem makes a good point, there are many beautiful places where anyone, foreigner, or not, are welcome with open arms, anyone willing to move there for as long as they wish without paying tax penalty. As I gather Poland has much more appeal for Polish people who want to return to their roots, family, etc than for anyone else, so when I first got interested in the idea I was expecting the Polish Gov to actually offer some incentives of sort to returning Poles and to other people who'd like to retire in Poland, but it seems the opposite.

I was informed by Treasury Ministry (Wydzial Skarbu Panstwa) representative that any SS from USA, pensions, Roth, etc. once transfered to Poland as such are treaded as any other kind of income, exactly as many of you said. I was also told that there are 2 tax brackets in place.. funds up to 85,000 PLZ (after exchange rate) are taxed at 18% and 85,001PLZ + is taxed at 32%. Anything below 3,000PLZ per year is free from taxes. Go figure.
matina   
12 Jul 2010
Law / Foreign retirees taxed in Poland? [25]

To avoid any misunderstandings, no argument with being taxed in US. In my situation all income was generated, allocated and reported to IRS. But I never worked in Poland, had no business of any kind with or in Poland and I wouldn't plan to engage in any industrious activities on my retirement in Poland... only would like to go fishing. A different scenario is when a person working (worked) in Poland and abroad actively generating income all over needs to report in various places and be taxed here and there. From what I read and I may be wrong, the Polish - American treaty on double taxation speaks to working people and doesn't address retirement, no?
matina   
12 Jul 2010
Law / Foreign retirees taxed in Poland? [25]

Someone mentioned in one of the treads about paying taxes in Poland on foreign earned retirement funds.. is that true? Would for example US social security or/and other pensions, etc which are already subject to US taxation law be taxed again in Poland? For someone who never worked in Poland I may add.. some of my friends are dual citizens, some have only American passport. Would anyone know what's going on?