Poland Temporarily Lowers Tax Rates on Energy Supplies
Poland's Ministry of Finance has issued a release announcing a reduction in tax rates on energy supplies. This includes a reduction in the VAT rate on supplies of:
- Natural gas from 23% to 8%;
- Electricity from 23% to 5%; and
- Thermal energy from 23% to 8%.
The reduction applies from January to March 2022. The release also notes that the Ministry is asking the European Commission for the possi…
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