Information from HS | Government increases general VAT to 25.5%

Helsingin Sanomat

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Media Conglomerate: Sanoma

Information from HS | Government increases general VAT to 25.5%

Tightening the general value added tax by 1.5 percentage points is the government's toughest action in the framework dispute. It will come into force no later than the turn of the year. The increase could bring about one billion euros a year to state coffers.