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Poland Extends Anti-Inflation Shield Measures, Postpones Minimum Tax, and Amends Several Other Tax Provisions

27 October 2022

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Approved Changes

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Poland

Poland's Ministry of Finance has issued a release announcing that amendments to the Corporate Income Tax Act were signed into law by President Andrzej Duda on 24 October 2022. This includes the extension of Anti-Inflation Shield measures for a further two months from 31 October 2022 to 31 December 2022, maintaining a temporary reduction in VAT rates for basic food products, electricity and heat, natural gas, and certain motor fuels, as well as fertilizers and means used in agricultural production. Until the end of the year, there will also be a reduction in the excise tax on electricity, an exemption...