The Parliament is working on further changes to the act on VAT tax, the majority of which are supposed to come into force on February 1, 2011. According to the amendments clothes for babies and shoes for kids will be subject to the highest tax rate of 23% (at the moment it is possible to use the decreased rate of 8%). The draft also introduces corrections with regard to trading in scrap and rights to emission of greenhouse gases as well as changes concerning fiscal cash registers.
Contact person: Paweł Nowak, pn@pnplaw.pl