Poland to Keep VAT Rates The Same Until 2015

People ♦ Published: October 15, 2013; 19:01 ♦ (Vindobona)

In order to cut debts, the Polish government decided not to lower the level of VAT.

Poland to Keep VAT Rates The Same Until 2015 / Picture: © Vindobona.org

In 2010, the Polish government increased VAT rates from 22 to 23 percent and from seven to eight percent on some commodity groups. In order to cut public debts, the Finance Ministry has now passed a bill to keep the VAT rates the same for the next three years. However, the opposition, among them Law and Justice (PiS) and left-winged SLD, want rates to be lowered for the value added…