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Finland to Raise VAT to 25.5% Starting 1 September 2024

Finland to raise VAT to 25.5% starting 1 September 2024. The standard VAT rate will increase from 24% to 25.5%, making it the second highest in the EU. Several items currently taxed at reduced rates will face upward reclassification, and there will be changes to the VAT return filing process starting 1 September 2024.

Source VATit


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