- The Finnish government plans to reduce the VAT rate on goods currently subject to 14% to 13.5%, effective from 2026, benefiting essential items like food and medicines.
- Excise duties will see increases on soft drinks, nicotine pouches, and electronic cigarettes, aiming to generate additional revenue and discourage consumption.
- The fiscal plan also includes measures to lower corporate tax rates and extend loss carryforwards, indicating a broader strategy to enhance economic growth alongside these VAT and excise changes.
Source Orbitax
Latest Posts in "Finland"
- Finland Approves Overhaul of Soft Drinks Tax
- 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
