International VAT Tax Consultancy

Finland Reduces VAT On All Electronic Books

Finland has opted to Reduce VAT On All Electronic Books. This change follows the agreement by member states to permit the harmonization of rates on paper books and their electronic equivalents. Finland will reduce the VAT rate on all Electronic books, online magazines and journals from the current 24%  down to 10%. The reduction will come into effect from the 1st July 2019.