Customs collects EUR 2.9b taxes in 2017

Finnish Customs collected a total of 2.9 billion euros in taxes and charges in last year, said a recent press release.

The amounts of nearly all the taxes and charges collected by Customs increased in 2017. The tax arrears amounted to 1.9 million euros (0.07%).

More than 300 million euros revenue increased last year from the import VAT. The revenue from customs duties increased by 11 million euros. The revenue from fairway dues also increased, by one million euros from 2016.

Customs, however, collected one million euros less in service charges and other similar charges than the year before.

On 1 January 2018, the import VAT was transferred to the Finnish Tax Administration. However, Customs continues to collect the import VAT from unregistered importers liable to pay VAT as well as from importers registered for VAT, if the provisions governing the customs procedure have been infringed, for example, if untaxed goods disappear from a customs warehouse, the press release added.