A Finnish government proposal (HE 317/2022 vp) published on 15 December 2022 is pending that would amend the law on the taxation procedure for self-assessed taxes and introduce a new law that would require payment service providers (e.g., banks) to report certain information on cross-border payments. The government proposal is intended to comply with an EU directive (Council Directive (EU) 2020/284) that requires EU member states to adopt provisions to introduce certain obligations for payment service providers in the EU, with the aim of combating VAT fraud.
Source: Deloitte
Latest Posts in "Finland"
- Finland’s 2026 Budget: Lower Commodity Tax, Higher Tobacco and Broadcasting Taxes
- New Supreme Administrative Court Precedent Confirms Partial VAT Deduction of Acquisition Costs
- Finland Slashes Reduced VAT Rate to 13.5% in Push for Consumer Relief and Growth
- Finland Invites Software Developers to Shape Future Tax Reporting
- VAT in Finland – A comprehensive up to date guide
