Changes to the VAT law are proposed from 1 January 1997:
  • books, newspapers and magazines, and
  • drugs and pharmaceutical products will be effectively subject to 0% VAT in 1997, 2% VAT in 1998, 4% in 1999 and in 2000, 7% VAT will be applicable;
  • until 2000, building materials will be subject to 7% VAT;
  • energy will be effectively subject to 17% VAT in 1997.
Certain of these would be especially important to taxpayers who have fiscal cash registers

Tax laws and practise are constantly being revised and, whilst every effort is made to ensure that the information in this tax newsletter is accurate and timely, no decision should be taken on the basis of the information herein without first consulting with KPMG Polska.

Should you have any questions in relation to the above issues, please contact:
Oliver Sinton
KPMG Polska
LIM Center - Marriott Hotel - IX floor
Al. Jerozolimskie 65/79
00-697 Warsaw, Poland
Tel: +48 (22) 630 7236
Fax: +48 (22) 630 6355

This information was correct as of 3 July 1996.