14 medals in Tokyo for Polish Olympic athletes – but some prizes with tax

During the Olympic Games in Tokyo, Poles managed to win a total of 14 medals: four gold, five silver and the same number of bronze medals. The winners will now have to share their prizes with the tax office – not all benefits are tax-free.

Doubts concern, inter alia, tax consequences of medals and cash prizes received by the winners. Bonuses are paid mainly by the Polish Olympic Committee (POC). However, some athletes also receive Olympic pensions and often prizes funded by private sponsors and municipalities in which they live.

More in today's article by Aneta Skowron on Prawo.pl: https://www.prawo.pl/podatki/jaki-podatek-od-nagrod-i-medali-z-olimpiady-w-tokio,509951.html