Finnish VAT Rates and VAT Compliance 2023

• The Finnish VAT landscape includes a 24% standard rate and two reduced rates, with businesses required to understand these rates for compliance.
• Businesses must register for VAT if taxable turnover exceeds €15,000. Companies distance selling in Finland must register once their taxable turnover exceeds €10,000.
• International consumer sales up to €150 can be registered under the IOSS scheme. Intrastat declarations are essential for EU trading activities.

Source Taxually

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