03.15.23

New SLIM 4 2024 package announced

Poland is a compliant territory for Tungsten Network, and we regularly monitor tax rate changes in the country with a view to ensuring our solution supports valid VAT rates in the country. Tungsten recently commented on the anti-inflation shield 2.0 measures in Poland, established largely in response to rising inflation in the country. The measures within this included tax rate changes, which were constantly subject to fluctuation given the unpredictable economic position of both Poland and the wider European market.  

Slim 4, a further set of tax measures, is similarly expected to churn further VAT compliance reforms in the country. No specific details as of yet have been announced as to the content of the package, but Tungsten will monitor any tax rate revisions that will be contained within it.