Finland Tax Agency Updates Guidance on VAT Treatment of Commission Sales, Brokerage Activities

The Finnish Tax Administration Jan. 1 updated Guidance No. VH/7279/00.01.00/2025, on the VAT treatment of commission sales and brokerage activities. The updated guidance reflects the decrease to 13.5 percent, from 14 percent, in the reduced VAT rate, effective Jan. 1. Additional topics covered include: 1) distinctions between commission sales and brokerage activities, and their VAT implications; 2) detailed definitions and criteria for commission trading under the VAT Act versus intermediary services, supported by case law; 3) VAT treatment of commission sales as two consecutive supplies, including domestic and international scenarios, reduced rates, exemptions, and margin schemes for second-hand goods; 4) ...