Sejm votes down government value-added tax amendments at first reading
Sejm votes down government value-added tax amendments at first reading
The government's amendment to the value-added tax (VAT) and duty bill
was rejected on Friday at the first reading. Under the rejected amendment
the VAT rates were supposed to be increased to match with European Union
(EU) requirements. Two new proposals were forwarded to the Sejm commission
by the Polish Peasants Party (PSL) and Christian National Union (ZChN)
deputies. In its proposal, PSL wants to leave the 0% VAT rate on fire
protection equipment sold to fire brigades and on press publications. ZChN
wants to leave the 7% VAT on construction and materials until the end of
2005. According to Krzysztof Dzierzawski from the Adam Smith Center, the
rejection will not improve the condition of the construction sector.
(Prawo i Gospodarka, Sept 23-24, page 8)