Finland Tax Agency Updates Guidance on VAT for Invoicing Service Companies

The Finnish Tax Administration Jan. 1 updated Guidance No. VH/7320/00.01.00/2025, on the VAT treatment of billing service companies and workers. The updated guidance includes: 1) a decrease to 13.5 percent, from 14 percent, in the reduced VAT rate for certain supplies, including foodstuffs, restaurant and catering services, passenger transport, and specified sports and physical activity services, from Jan. 1; and 2) revisions to examples and explanations on invoicing, VAT calculation, and applicable tax rates to reflect the new reduced rate, without changing the underlying VAT principles governing billing service companies and workers. The guidance is valid from the same date, ...