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Finnish Government Agrees on 2026-2029 Finance Plan, Reduces VAT on Food and Medicine to 13.5%

  • Finnish Ministry of Finance announced a public finance plan for 2026 to 2029
  • Plan includes several tax changes
  • Government to approve the plan at April 30 plenary session
  • VAT rate on certain goods like food and medicine to be reduced to 13.5 percent from 14 percent

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.

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