Finnish Ministry of Finance Consulting on Changes to Scope of Reduced VAT Rates

The Finnish Ministry of Finance has announced the launch of a public consultation on changes to reduce VAT rates. This includes supplies currently falling within the scope of the reduced VAT rate of 10% would be transferred to the scope of the reduced VAT rate of 14%. Among others, the change would apply to passenger transport, accommodation operations, guest port operations, medicines, books, sports and exercise services, and access to cultural and sporting events and performances. The cha…