- The Finnish VAT landscape includes a 24% standard rate and two reduced rates, with businesses required to understand these rates for compliance.
- Businesses must register for VAT if taxable turnover exceeds €15,000. Companies distance selling in Finland must register once their taxable turnover exceeds €10,000.
- International consumer sales up to €150 can be registered under the IOSS scheme. Intrastat declarations are essential for EU trading activities.
Source Taxually
Latest Posts in "Finland"
- Finland Parliament Approves 13.5% VAT Rate on Select Goods and Services Effective December 2025
- Finland Reduces Reduced VAT Rate to 13.5% Effective 1 January 2026
- Finland Updates VAT Guidance on Employer-Provided Meals and Lunch Vouchers Following Court Ruling
- Reduced VAT Rate for Digital Learning Materials and Interactive Assignments on Educational Platforms
- Finland Lowers Reduced VAT Rate to 13.5% Effective January 2026: Updated Tax Guidance Released
