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Poland to Introduce New Reduced VAT Rates and Binding Rate Tool

|Proposed Changes|Poland
Poland

According to recent reports, legislation is currently under consideration in Poland's lower chamber of parliament (Sejm) for the introduction of new reduced value added tax (VAT) rates. This would include a 7% rate for certain food items, livestock and plants, and certain other supplies, and a 5% rate for certain other food items, as well as books, newspapers, and journals. The legislation also provides for the introduction of a binding VAT rate information tool (Wiążącej Informacji Stawkowej…

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