Having won control of parliament on 25 October 2015, Poland's Law and Justice Party has already made a number of proposals for the country's tax system. The main proposals include:
- Reducing the standard VAT rate from 23% to 22%;
- Requiring all taxpayers to settle VAT monthly, with no quarterly option for small taxpayers as currently provided;
- Implementing a split VAT payment system, where VAT due on an invoice would be directly deposited in a temporary bank account administered by the tax off…