The international recognition of our clothing brands is growing. At the same time, we are constantly nurturing the Polish roots of our company and supporting the domestic economy by paying taxes here. This way, LPP has been contributing to the state budget for years.

We are one of the largest taxpayers in the country and the largest on the Polish coast

Thanks to our successful operations in Poland and abroad in 2019, we contributed over one billion zlotys to our domestic budget on account of various types of levies, and most of all, on account of taxes – LPP paid as much as PLN 134 m zlotys to the State budget on account of CIT alone.

We also ranked among the top 30 CIT payers for 2018 according to the list compiled by the Ministry of Finance. In addition to our position among the top leading companies operating in Poland, we rank first among companies operating on the Polish coast area. LPP is the largest company based in the Tri-City with tax settlement carried out in Poland.

Taxes paid by LPP in recent years

The amount of taxes that LPP pays into the state budget is increasing year on year. In 2019, it exceeded one billion zlotys (to be precise, PLN 1,097,619,000), whereas four years earlier it was less than PLN 413 m.

The increase can also be seen in payments resulting from particular obligations or types of taxes paid. In 2015, LPP paid PLN 44.4 m in CIT, and for the sake of comparison, in 2019 – already over PLN 134 m. In 2015, however, we paid less than PLN 150 m to the state budget on account of customs duties, and four years later PLN 240 m, as a result of our products reaching more and more foreign markets. As the years passed, taxes were also increasingly paid in connection with real estate – in 2015, this amount was less than PLN 3 m, whereas in 2019 already over PLN 4.5 m.

LPP has a transparent tax policy. We fulfil our obligations towards the state in a reliable manner and every year we issue an official report which presents detailed information on the amounts paid to the state budget resulting from our activities both on the domestic market and worldwide.

Contribution to the economy: LPP vs. other companies in Poland

In LPP, we are perfectly aware of the responsibility which rests on Polish entrepreneurs in terms of contributing to their domestic economy, among other things, through the inflows to the state budget. We want to provide real support in this respect, also thanks to the growing importance of our company on foreign markets.

LPP was included in the list of the 30 largest CIT payers in Poland for 2018. The companies that are ahead of us in this ranking are primarily banks and companies that operate in the broadly understood financial sector. Among the representatives of the trade sector we are among the top companies that pay their taxes in Poland.

Staying true to our long-standing tradition is very important to us. Therefore, while developing our business, we also remember to settle LPP’s taxes in the country where our operations are concentrated, namely in Poland. The fact that we are ranked among the top CIT payers in the country makes us even more proud of our actions.