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Poland Provides Further VAT Reduction as Part of "Anti-Inflation Shield 2.0"

|Approved Changes|Poland
Poland

The Polish government has announced its "Anti-Inflation Shield 2.0" package, which expands upon tax rate cuts for energy supplies from the beginning of the year. The measures of the second package include the following:

  • 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
    • fertilizer for agricultural production;
  • The 5% V…

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