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Proposal on Tax Adjustment for 2023

The Finland Tax Agency presented the draft of the proposed adjustment, effective from December 2022 until 30 April 2023.

Possible VAT changes in 2023: 

  • Exempting passenger transport services from the 10% VAT beginning on 1 January 2023 through 31 December 2023 and
  • Decreasing the VAT rate on electricity, excluding transmission, from 24% to 10% from 1 December until 30 April 2023

Source GVC

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