- The VAT rate for art sales in Poland is the standard rate even if the import VAT was at 8 percent
- The Ministry of Finance announced changes effective from January 1, 2025, allowing the margin scheme for art, collectibles, and antiques
- The margin scheme taxes the difference between the sale price and the purchase price minus the due tax
- New regulations do not change the VAT rate itself for these items under both general rules and the margin scheme
- Amendments to the VAT Act incorporate EU regulations preventing the margin scheme if items were taxed at a reduced rate upon acquisition
- Changes signify a shift in VAT taxation methods for imported art, collectibles, and antiques in Poland
Source: ksiegowosc.infor.pl
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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