circular economy

Tax exemption for donations of clothes and shoes would boost circular economy in the commerce sector

Commerce sector companies have to pay value added tax when donating clothes and shoes which makes donating difficult and expensive. For businesses donating unusable stock to those in need is the best solution both from the environmental and social responsibility perspective when a company wants to give away products in good condition. Donating should be as easy and simple as possible and it should not be further complicated with legislation.

Finnish Commerce Federation: Commission on a promising course to boost competitive strength and circular economy

The significance of fair conditions for competition is strongly emphasised in the European Commission Work Programme 2020 published today. The Finnish Commerce Federation finds it excellent that the Commission finally seems to be tackling the issues related to the platform economy also as it concerns trade in goods. The programme also widely acknowledges the climate and circular economy ambitions that are important for the commerce sector.