Insights

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…

Effective tax planning is an important part of a company’s business strategy. By acting proactively in relation to taxation obligations, you can enhance your risk management and take advantage of opportunities that require planning. Tax planning can release your company’s resources and the expertise of professionals for your company’s growth and development! Next, our experts…