Global Daily Tax News, Finland Launches Consultation On VAT Rate Cut, (Jun 30, 2025)
Finland's Finance Ministry has launched a consultation on a proposal to lower the 14-percent reduced rate of value-added tax to 13.5 percent.
The rate applies to foodstuffs; restaurants and catering services; feed ingredients; passenger transportation services; accommodation and guest port operations; medicines; and cultural and sports activities, including books, sports services, and tickets to cultural and sports events.
Comments are being sought on the change, which will be included in next year's Budget, until August 15. The rate cut would take effect for supplies from January 1, 2026.