Transfer Pricing Adjustment – What Changes? The government proposal HE 188/2021 is intended to be approved by the parliament in December 2021, which would make it effective from the beginning of 2022. The main goal of the proposal is to expand the scope of the tax procedure law (“VML”) section 31, which concerns transfer pricing…
As per the proposal given by the government on 1.10.2020, numbered 136/2020, the income tax law was amended from 1.1.2021 onwards, particularly in terms of Section 9 of the law. This clause deals, as per its title, with tax residency and non-residency in Finland. For tax resident persons, all worldwide income is taxed in Finland…
In short, the working conditions of posted workers are becoming more aligned with Finnish standards, there is an increased requirement for employers to compensate for travel and accommodation costs, and the obligation for pre-notification by the sending employer is expanded. Additionally, the law introduces a new concept of “long-term posting.” Regarding the terms of employment…
