- 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
