Poland: VAT Expected to Remain At 23 %

People ♦ Published: March 27, 2013; 18:38 ♦ (Vindobona)

Prime Minister Tusk announced that there will be no return to the 22 % VAT which was planned for 2014.

Poland: VAT Expected to Remain At 23 % / Picture: © Wikipedia / Gnesener1900

Earlier this month, Deputy Finance Minister Janusz Cichon announced that Poland would possibly return to a 22% basic VAT rate in 2014. Poland raised the basic VAT rate from 22% to 23% in 2011 which was said to be a temporary change. The government was supposed to cut the rate in 2014 again.

However, Prime Minister Donald Tusk called Cichon’s comments as "over optimistic given…