- Proposed VAT Rate Change: The Finnish government has proposed reducing the reduced VAT rate from 14% to 13.5%, set to take effect on January 1, 2026.
- Affected Items: The reduced VAT rate applies to various items, including groceries, pharmaceuticals, and passenger transport services.
- Announcement Source: The proposal was shared during the mid-year policy review discussions, with details available in a press release from the Ministry of Finance (in Finnish).
Source Sovos
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Other sources
- The OECD has issued a set of tax reform recommendations for Finland’s authorities as part of its newly published 2025 Economic Survey for the country.
Source: www.vitallaw.com
