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Poland to retain high 23% VAT till at least 2017


Poland to retain high 23% VAT till at least 2017

Poland is set to retain its high VAT rate of 23% until at least 2017.

Poland hiked its VAT rate from 21% to 23% in 2011 during the height of the financial crisis as its key Euro-currency trading block slipped into recession and government revenues from corporate income tax fell.  At the time, it was envisaged that this would be a temporary rise until 2015.

There were rumours that the relative strong performance of the economy would mean Polish VAT could be reduced in 2016.  However, the latest statements this week from the Finance Ministry have indicated that this will not happen until at least 2017 or later.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.