OrbitaxOrbitax

Poland Increases Late Payment Interest Rates Again

|Approved Changes|Poland
Poland

On 15 June 2022, Poland published the Announcement of the Ministry of Finance on the rates of interest for tax arrears / late payment. This includes an increase in the interest rates as follows:

  • The standard rate is increased from 13.5% to 15.0% per annum;
  • The reduced rate is increased from 6.75% to 7.50% per annum; and
  • The increased rate is increased from 20.25% to 22.50% per annum.

The re…

Continue Reading