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Finland Applies Reduced VAT Rate for Electronic Publications from July 2019

|Approved Changes|Finland
Finland

Finland's tax authority has published updated guidance for VAT on books and magazines. The guidance includes that with effect from 1 July 2019, the Value Added Tax Act is amended based on Council Directive (EU) 2018/1713 of 6 November 2018, which allows EU Member States to apply the reduced, super-reduced, or zero VAT rates that they apply to physical publications to electronic publications as well, instead of the standard rates as previously required. As a result of the change, not only pri…

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