Poland Clarifies VAT Reduction for Basic Foods Products and Other Aspects of Anti-Inflation Shield 2.0
The Polish Ministry of Finance has issued a release on the "Anti-Inflation Shield 2.0" package, noting that the package has been adopted by the Sejm. As previously reported, the measures of the second package include the following from 1 February to 31 July 2022:
- The VAT rate on fuel is reduced from 23% to 8%;
- A VAT zero rate is provided for:
- basic foods products
- gas (natural gas); and
- fertil…