Michaela Merz

Finland – increase of VAT rate as per 1 January 2013

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The Finnish Government has issued on Monday 17 September 2012 an official proposal to increase the current VAT rates by 1% in Finland. It is foreseen to increase the standard VAT rate from 23% to 24% and the two reduced VAT rates from 9% to 10% and from 13% to 14%.

If passed by Parliament, the increase will take effect from 1 January 2013.

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