VATupdate

Share this post on

Temporary VAT rate reductions effective Feb 1, 2022 in Poland and Vietnam

Poland

  • 0% VAT (currently 5%) for meat and fish and their preparations, dairy products, vegetables and fruits and their preparations, cereals, products of the milling industry, processed cereals and bakery products, some drinks (e.g. containing at least 20% fruit or vegetable juice, milk drinks and so-called plant milk).
  • 0% for fertilizers
  • 5% for gas & electricity
  • As of Feb 1 till July 31, 2022

Vietnam

  • VAT for goods and services currently subject to the rate of 10% is reduced to 8%
  • As of Feb 1, 2022 till December 31, 2022

 

Sponsors:

VAT news
VAT news

Advertisements: