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Finnish Parliament Considering Removal of Electricity Tax Incentive for Data Centers

|Proposed Changes|Finland
Finland

The Finnish Parliament is considering draft bill HE 156/2025 vp, which will remove the electricity tax incentive for data centers and mining (data centers). The incentive is being removed to offset lost revenue from the decision not to increase VAT on sweets and chocolate. With the removal of the incentive, electricity used in data centers would move from tax class II (0.05 cents/kWh) to the general tax class I (2.24 cents/kWh), increasing the tax by 2.19 cents/kWh. As drafted, the change wi…

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