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Finland Clarifies VAT on Factoring Services and Advances ViDA Digital Tax Reforms

  • The Supreme Administrative Court ruled that all fees related to factoring services are fully subject to VAT.
  • Draft legislation proposes changes to the Finnish VAT Act, including updates to the One Stop Shop and phasing out the call-off stock scheme, effective January 1, 2027.
  • The proposal is open for consultation until March 31, 2026.
  • These changes align Finland with EU VAT principles, increasing taxation on financial services and modernizing the VAT system.

Source: fiscal-requirements.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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