- VAT refund processing delays remain a major cash-flow and working-capital burden for businesses, especially exporters, reverse-charge construction companies, and firms making large investments.
- For cases requiring additional clarification, processing time has improved from 16 weeks to about 8 weeks on average, but many refunds still take significantly longer.
- Tax Administration requests are seen as too broad and detailed, creating heavy administrative costs and delaying refunds; companies often have to provide extensive documentation even where a lighter review would suffice.
- The response deadline for tax authority clarification requests has been shortened from 3 weeks to 2 weeks, increasing pressure on businesses while refunds are still delayed.
- The article calls for more risk-based VAT control, narrower requests focused on material issues, and better use of information already held by the Tax Administration.
Source: ek.fi
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"
- Finland Adopts First ViDA VAT Amendments for Cross-Border Transactions
- Finland Adopts First ViDA Reforms from January 2027
- Finland: City art building apartment rentals subject to VAT, no refund right
- Finnish Businesses Warn Against Turning Real-Time Tax Reporting into a Continuous Tax Audit
- Finland: VAT Treatment of Storage Unit Leasing as Exempt Real Estate Rental
