The windfall tax is to be imposed on fuel companies, and the proceeds from the new levy are to finance protective measures on the fuel market. At the end of May, the Minister of Finance and Economy submitted a modified draft bill for consultation tax on extraordinary profits from the production of certain liquid fuels and their turnover achieved in 2026
See also: The government is preparing a tax on extraordinary profits. The industry is sounding the alarm, the stakes are high
“The new levy enables the redistribution of part of the above-average profits of oil sector enterprises – which would not be achieved under normal market conditions – by using them, among others, to finance protective measures currently burdening the state budget,” we read in the list of legislative and programmatic works of the Council of Ministers.
Revenues from tax on extraordinary profits of fuel companies
Estimated amount of tax on windfall profits (75% of the tax base) for the period from March to December 2026 would amount to PLN 5 billion.
Of this, estimated payments in 2026 will amount to PLN 4.75 billion and in 2027 PLN 0.25 billion (advance payment for December 2026).
The tax base for Orlen is estimated at PLN 4 billion.
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The project also proposes that fuel companies pay the first advance payment of windfall tax by August 25 for the period from March 1 to July 31.
See also: The government is preparing a 75% tax on fuel profits. Experts calculate
Windfall tax and Fuel Prices Lower
The proceeds from the new levy are to finance protective measures on the fuel market.
This concerns the “Fuel Prices Lower” (CPN) package of regulations in force since the end of March, which includes a reduction in the VAT rate and excise duty on gasoline and diesel oil, as well as maximum retail fuel prices announced daily. The cost of reducing VAT and excise duty on fuels amounts to a total of PLN 1.6 billion per month.
The tax on excess profits is getting closer
The authority responsible for developing the project is the Ministry of Finance.
According to the Ministry of Finance, the tax rate is 75%. the tax base proportionally reflects the scale of the unexpected benefits, while leaving the taxpayer the opportunity to dispose of the remaining part of the extraordinary profit.
“The levy collection system will be based on a self-calculation mechanism, including monthly advance payments and annual settlement via a dedicated tax declaration, which ensures ongoing funding of the budget without generating excessive administrative burdens on the part of the taxpayer and the tax authorities,” we read.
