- Finnish Ministry of Finance opened consultation on Draft Bill No. VM043002025
- Bill proposes to amend VAT rates for specific products and services
- Reduced VAT rate to be lowered to 13.5 percent from 14 percent for various items
- Items include food, restaurant and catering services, feed materials, passenger transport, accommodation, guest port activities, medicines, cultural and sports activities
- Broadcasting activities to have a reduced VAT rate of 13.5 percent instead of 10 percent
- Law to take effect on January 1, 2026
- Comments on the bill are due by August 15
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.
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