Finland Lowers Personal Broadcast Tax, Raises VAT Broadcast Rate

Finland has proposed reducing the broadcasting tax for individuals and increasing the value-added tax rate for broadcasting.

The proposals would reduce broadcasting tax income, which funds the nation’s public broadcasting service, by an estimated €25 million ($27 million) in 2025 and raise VAT collection by about €19 million a year, Finland’s finance ministry said Thursday.

• Under the proposals, the income limit over which the broadcasting tax is collected would rise to €5,150 from €14,000. The maximum amount of tax, paid when annual salary income exceeds about €22,000 or pension and daily allowance income exceeds about €21,000, would be reduced ...