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Polish Ministry of Finance proposes VAT amendments including zero rate for rescue vessels

  • Polish Ministry of Finance opened consultation on draft bill to amend various VAT measures
  • Proposed measures include zero percent VAT rate on supply of rescue vessels and lifeboats used at sea
  • 8 percent VAT rate to be extended for supply of medical devices
  • VAT rate on supply of menstrual cups to be reduced to 5 percent
  • Reverse charge mechanism for gas, electricity, and services related to greenhouse gas emission allowances to be extended until Dec. 31, 2026
  • VAT rate to be increased to 23 percent for supply of specified hemp products
  • Law to enter into force on Jan. 1, 2025
  • Comments due by Sept. 24

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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