Finland proposes new 2% VAT increase to 25% |
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23 December 2010 The Finnish Ministry of Finance has proposed a 2% VAT increase to 25%, the notional maximum permitted in the EU. This is part of a package of potential measures cutting income tax and business taxes. It reflects a global trend of shifting the tax burden to consumption. Finland last increased its VAT rate from 22% to 23% in July 2010. Click here if you would like to receive our free VAT updates |
