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Finland to Increase VAT on Broadcasting to 14%

11 October 2024

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Proposed Changes

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Finland

Finland's Ministry of Finance has announced plans to increase the VAT rate on broadcasting from 10% to 14% with effect from 1 January 2026. This follows the recently announced budget plans for 2025, which include increasing the VAT rate for supplies currently subject to the 10% VAT rate to the 14% rate, except for newspapers, magazines, and broadcasting. In addition to the VAT rate change, it has also been proposed that the income threshold above which natural persons pay broadcasting tax would be raised from EUR 14,000 to EUR 15,150 from 2025. Further, the maximum broadcasting tax amount would be...