06-09-2007, 10:31
Homebuilders welcomed the news that Sejm, the lower
chamber of Parliament approved of the changes of VAT law. On January 1st 2008,
the preferential 7-percent VAT rate will be applicable for flats up to 150
square meters and houses up to 300 square meters bought from homebuilding
companies. Without these changes, the rate would grow to 22 percent.