Tokarczuk, an acclaimed Polish writer, was on Thursday announced the winner of the 2018 Nobel Prize in Literature.
Reacting to the news, Poland’s Finance Minister Jerzy Kwieciński said on Twitter: “I have made the decision to exempt the Nobel Prize winnings from personal income tax (PIT).”
Kwieciński, who doubles as investment and development minister in the conservative Polish government of Mateusz Morawiecki, congratulated Tokarczuk and said he was happy to see the work of the Polish author recognised internationally.
Tokarczuk is set to receive 9 million Swedish kronor, or about PLN 3.5 million (USD 910,000), as a monetary award to go along with her Nobel Prize, Poland’s money.pl news website has reported.
The taxman could have pocketed at least PLN 350,000 from that amount, according to the Polish website.
(gs/pk)
Source: IAR, money.pl