- Reverse Charge VAT Mechanism Extended: The President has signed an amendment that extends the reverse charge VAT mechanism, making the buyer responsible for settling VAT on gas, electricity, and greenhouse gas emission allowances until December 31, 2026.
- Changes to VAT Rates: The Act introduces various VAT adjustments, including a 0% rate for rescue ships and lifeboats, an 8% rate for certain medical devices, a clarification on reduced rates for fertilizers and plant protection products, and a reduction of the VAT rate on menstrual cups from 23% to 5%.
- Suspension of Excise Duty and Other Provisions: The new regulations include an 18-month suspension of excise duty collection on passenger cars registered for test drives and a refund mechanism for temporarily registered cars for export. Additionally, the requirement to integrate online cash registers with payment terminals has been abolished, although transaction reporting remains mandatory.
Source Prawo
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