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Finland import postponement update

  • May 12, 2017 | Richard Asquith

Finland import postponement update

Finland has issued proposals to update its import VAT deferment scheme this month.  The changes include:

  • Importers must report the import VAT due in the same month as the import
  • For VAT-registered businesses The tax office will become responsible for administering the import VAT administration instead of the customs office
  • Non-VAT registered businesses will still have to pay import VAT to the customs office.  Although the customs office remain responsible for verifying correct customs valuations and regulatory compliance
  • All cases of having to pay import VAT at the point of importation will now be withdrawn

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara