The value added tax (VAT) on electricity will rise to its previous level of 24 percent on May Day.
The electricity VAT rate was reduced to 10 percent as of December 1. The reduction in the tax rate only applied to electricity sales, but not to transmission payments.
Source: yle.fi
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
