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Update - Poland Expected to Cut VAT Rate by 2016

04 June 2014

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Proposed Changes

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Poland

After announcing in April the goal of reducing the standard VAT to 22% by 2017, Poland's Finance Minister has recently announced that the goal has been changed to reduce the rate to 22% by 2016. However, the final decision to lower the rate will be dependent upon Poland's economic growth and is not yet set. The current rate is 23%.