On 11 March 2022, Poland published the Announcement of the Ministry of Finance on the rates of interest for tax arrears / late payment. This includes an increase in the interest rates as follows:
- The standard rate is increased from 8.5% to 10.0% per annum;
- The reduced rate is increased from 4.25% to 5.0% per annum; and
- The increased rate is increased from 12.75% to 15.0% per annum.
Source Orbitax
Latest Posts in "Poland"
- Mandatory KSeF System Brings More Surprises as Implementation Deadline Approaches
- Company Car Parking at Home Doesn’t Affect 100% VAT Deduction Rights
- KSeF and Transfer Pricing Corrections: Are We Ready for Full Transparency?
- Ministry Issues VAT Guidance for Beverage Packaging Deposit-Refund System
- Poland: Ordering Party Must Use Split Payment When Paying Subcontractor Under VAT Law
