Bloomberg Tax
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Tax
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Poland to Slash Levies to Curb Inflation and Ire Over Taxes (1)

Jan. 11, 2022, 3:17 PM

Poland’s government vowed to slash levies on everything from food to fuel to rein in the highest inflation in more than two decades and manage anger over a botched tax overhaul that has left some workers poorer.

In his cabinet’s second anti-inflation package in as many months, Prime Minister Mateusz Morawiecki said the government will temporary reduce value-added tax on gasoline and scrap it on basic foods, fertilizer and natural gas starting from February. He also urged retailers to respond by reducing prices and asked Poles to “watch out” for shops that don’t.

“Most Poles can’t sleep because of rising ...