- Finnish President signed Law Nos. HE 50/2024 vp and EV 53/2024 vp
- Amended provisions of VAT Act and Taxation Procedure Act of Self-Initiated Taxes
- Measures include applying a maximum default noncompliance penalty of 5,000 euros for certain violations
- Laws enter into force on Jan. 1, 2025.
Source: news.bloombergtax.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.
