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Poland: VAT Likely to be Reduced
People ♦
Published: April 22, 2014; 12:00 ♦ (Vindobona)

As announced by Polish Finance Minister Mateusz Szczurek, the government plans on cutting the VAT rate to 22 percent in 2017.

On the question about the government’s procedures towards a reduction of the VAT rates the Polish Finance Minister explained: “That is the plan that will be written into the convergence plan update." According to Szczurek, a tax cut would reduce the VAT by one notch to 22 percent, the rate before fiscal consolidations in 2011 were carried out due to the financial…
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