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"
- Plans to lower the 14-percent VAT rate to 13.5% in 2026
- Finland Parliament Considers 2026 Budget Bill with Reduced VAT Rate Cut
- Global VAT Rate Changes: Finland, Fiji, and Ghana Updates for 2025-2026
- FINTUA: VAT News Updates International VAT Rate Round Up – September 2025
- Finland’s Tax Administration Advances Centralised Digital Reporting to Streamline Corporate Data Submissions
