General information
The scope of the reduced rate remains unchanged, covering the same categories currently taxed at 14%, including food and non-alcoholic beverages, restaurant and catering services, books, pharmaceuticals, passenger transport, and admission to cultural and sports events.
For consumers, the reduction is expected to improve purchasing power and support domestic demand. Businesses operating in affected sectors must update pricing, invoicing, and tax systems to apply the new rate from the effective date. While implementation requires administrative adjustments, the measure aims to stimulate consumption and indirectly support businesses. Further transition guidance from the tax authorities is expected.
Other news from Finland
New webinar was uploaded: Recorded webinar: Evolution of Fiscalization:From fiscal printers to real-time data platforms
Fiscalization has transformed from a compliance tool reliant on hardware to dynamic, software-driven platforms linking businesses and tax authorities. The webinar was presented by Dušan Bučevac, Sales Manager at Fiscal Solutions, who covered crucial fiscalization milestones and explained how real-time data has reshaped compliance, transparency, and business decision-making. Read more
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Already subscriber? LoginFinnish Tax Administration to Introduce Pre-Filled E-Invoice Proposals
Finland
Author: Ljubica Blagojević
The Finnish Tax Administration will offer selected taxpayers e-invoice proposals for certain 2026 tax payments. If accepted, future tax invoices will be sent directly to the taxpayer’s online or mobile bank with pre-filled payment details, helping reduce paper mail and avoid late-payment interest The proposal will appear in the taxpayer’s online or mobile bank for 30 days. If accepted, futur... Read more
Finland Aligns with EU: All Factoring Fees Taxable and ViDA Reforms Underway
Finland
Author: Ljubica Blagojević
Finland has clarified that all fees related to factoring services are subject to VAT, following a Supreme Administrative Court ruling aligned with EU case law. At the same time, draft legislation proposes implementing EU ViDA reforms, including changes to OSS and phasing out call-off stock rules from 2027. Overall, these developments reflect stricter VAT treatment and continued alignment with EU d... Read more
Finland 2026 Tax Update: Global Minimum Tax Compliance and VAT Reforms
Finland
Author: Ljubica Blagojević
Finland introduced main tax changes in 2026 affecting multinationals and consumers. From 30 January 2026, Pillar Two minimum tax filings can be submitted electronically via MyTax, with three reports required and an extended 18-month deadline for the first reporting year. The reduced VAT rate fell to 13.5% on 1 January 2026, while April 2026 brings higher excise duties on sugary drinks. From 30 Jan... Read more
New document was uploaded: Consumer Protection Act
Finland
Author: ------------------
The Act establishes rules to protect consumers in the marketing, sale, and contractual use of consumer goods and services, prohibiting unfair, misleading, or inappropriate business practices. It sets strict requirements for truthful marketing, transparent pricing, fair contract terms, and proper disclosure of essential information to consumers. The law grants consumers rights in cases of defective goods, delayed deliveries, improper installation, or misleading information, including repair, replacement, price reduction, cancellation, and compensation. Read more
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Already subscriber? LoginNew document was uploaded: VAT Tax Act
Finland
Author: ------------------------
The Act defines when VAT must be paid in Finland, covering sales of goods and services, imports, and intra-Community acquisitions, as well as who is considered a taxable person. It establishes detailed rules on taxable transactions, including sales, own-use provisions, transfers, vouchers, construction services, real estate transactions, and various special cases Read more