Finland Tax Agency Updates Guidance on VAT Treatment of Sales, Self-Use of Construction Services

The Finnish Tax Administration Oct. 16 posted online Guidance No. VH/1222/00.01.00/2024, updating instructions on the VAT treatment of sales and self-uses of construction services. Updates include: 1) changes for the general VAT rate that took effect Sept. 1, 2024, and changes for VAT Act amendments concerning welfare; 2) clarification on deduction rules related to construction for business activities; 3) a new example on work association groups under Section 13 of the VAT Act, and other new examples; 4) clarification of the tax basis on self-use of construction services; 5) additions and changes to the example list of direct costs included ...