Finland import postponement update

Sat 13th May 2017

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  • All cases of having to pay import VAT at the point of importation will now be withdrawn