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 printed books and newspapers, but also electronic books and newspapers and magazines are subject to a reduced VAT rate...