- Finnish Ministry of Finance opened consultation on draft proposal to amend VAT rates on specific products
- Proposal includes transferring goods from 10% reduced VAT rate to 14% reduced VAT rate
- Excludes newspapers and magazines from transfer
- Move menstrual protection products, incontinence protection products, and children’s diapers to 14% reduced VAT rate
- Measures to enter into force on Jan. 1, 2025
- Comments due by Aug. 19
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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
