Insights

The Government outlined several tax-related changes in the spring 2026 spending limits session. From a corporate perspective, the key points concern the corporate income tax rate, share-based incentive schemes, the donation deduction, and the tax credit for clean industry investments. The corporate income tax rate is intended to be reduced from 20% to 18% from…

The Tax at Source for Key Employees Will Decrease from 32% to 25%, and Returning Finnish Citizens Will Also Become Eligible for the Key Employees’ Tax Card Fin­land is ta­king a sig­ni­ficant step in strengt­he­ning its com­pe­ti­ti­ve­ness as an att­rac­ti­ve wor­king des­ti­na­tion for in­ter­na­tio­nal ta­lents. The tax rate for key emplo­yees ar­ri­ving in Fin­land from…

In November, the Finnish Tax Administration will introduce a new reference number that allows taxpayers to pay almost all taxes with a single number. The change applies to companies and organizations, excluding sole proprietors. The purpose of this reform is to simplify the process of paying taxes and allocating payments to the correct tax types.…

The Finnish Government has published its General Government Fiscal Plan for the years 2026–2029. The plan sets out numerous policy guidelines for the development of tax legislation through the end of the current decade. Several of the proposed changes, if implemented, would have a significant impact on both corporate and personal taxation of entrepreneurs. While…

Supreme Administrative Court (KHO) 2024:88 In recent Finnish case law Supreme Administrative Court of Finland (KHO) examined how unrealized foreign exchange gains and losses from euro-denominated loans granted by a Swedish company, A AB, to its Finnish subsidiary should be taxed, given that A AB was considered generally liable for tax in Finland based on…

Enactment of the law The general VAT rate will increase from 24% to 25.5% starting September 1, 2024. The timing of the legislative change, the rapid schedule, and its occurrence at the end of the summer vacation period present challenges for businesses, which will have a relatively short period to prepare for the change. The…