EU – Possible additional duties on products of US origin


The US has announced safeguard measures in the form of additional duties on imports of certain steel and aluminum products into the US. At the moment the implementation of these additional duties for products from the EU is postponed until June 1st 2018. As a counter measure, last week the EU published a commission implementing regulation: (EU) 2018/724. Read More »

Finland – cash flow friendly declaration of import VAT as from 1 of January 2018


Starting 1.1.2018 the Finnish Import VAT will need to be paid and reported to the Finnish Tax Administration instead of the Finnish Customs. The Finnish Customs has previously been the competent authority relating to the VAT on the importation of goods, but will no longer handle such matters starting next year (the exception being imports of goods by individuals and companies not being registered for VAT).Read More »