- 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
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