Tightening tax policy and changes to tax efficiency on the example of companies listed on the Warsaw Stock Exchange

Tax efficiency is shaped by two opposed forces: (1) companies intensify behavior aiming at tax planning and (2) the legislator changes the tax law in order to seal the tax collection system, thereby increasing revenues to the state budget and limiting the behavior of companies balancing on the edges of the law.

On the Polish market these two forces have collided very dynamically. The interest of enterprises in the issue of tax management has been systematically growing since 2004, as evidenced by the research conducted (Famulska, 2015) as well as reports from the specialist press on the unprecedented growth of the tax advisory market (Zalewski, 2015).

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