Finland cuts VAT rate on e-books
- Dec 31, 2018 | Richard Asquith
Finland has become the latest EU member state to reduce the VAT rate on electronic books.
The change comes following 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 e-books, online magazines and journals from 24% to 10% from 1 July 2019.
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