Poland raised the VAT rate from 21% to 23% in 2011, when it goes through the financial crisis – recession, reduction of government revenues from corporate income tax. The Finance Ministry of Poland has declared, the new VAT rate (23%) will set for till at least 2017.
«
Previous post
EU-Ukraine Association Agreement Ready To Ratify
EU-Ukraine Association Agreement Ready To Ratify
Related Posts
Poland to introduce cash grants amid potential impact of Pillar Two on investment zone incentives
October 17, 2024
Poland's Ministry of Development and Technology (MRiT) announced plans to reform the country's incentives system by introducing cash grants linked to investment profitability. The cash grant incentive regime aims to maintain Poland's
Read More Poland approves cash accounting scheme for eligible entrepreneurs
October 14, 2024
Poland’s parliament approved a new "Cash PIT" regime aimed at individual entrepreneurs who operate their businesses independently and whose revenue did not surpass the PLN 1 million (EUR 250,000) threshold in the previous tax year. The scheme
Read More Poland to raise excise duty on tobacco products
October 10, 2024
Poland’s Council of Ministers approved a bill to raise excise duty rates on tobacco products on 1 October 2024. The tobacco products that are subject to increased excise duty include cigars, novelty tobacco products, raw tobacco, and electronic
Read More
European Commission refers Spain, Cyprus, Poland, Portugal to court for failing to transpose Pillar Two Minimum Taxation Directive
October 07, 2024
The European Commission (EC) decided to refer Spain, Cyprus, Poland, and Portugal to the Court of Justice of the European Union for failing to notify measures for the transposition into national law of Council Directive (EU) 2022/2523 of
Read More Poland: Lower House passes VAT exemption, optional cash method for small businesses
October 03, 2024
Poland’s lower house of the Parliament (Sejm) passed the first reading of a bill which allows small businesses with sales in the previous tax year not over EUR 100,000 to receive a value-added tax (VAT) exemption in other EU countries on 27
Read More Poland: Lower parliament evaluates draft law to enact Pillar Two global minimum tax
October 02, 2024
Poland's Sejm (lower house of parliament) is currently reviewing a draft law, submitted on 25 September 2024, to implement the Pillar Two global minimum tax in accordance with Council Directive (EU) 2022/2523 from 14 December 2022. The draft law
Read More