Finland News

EU Expecting COVID-19 Dent In 2020 VAT Collections

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 22, 2020

The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018. Read Full Story

Finland Highlights New Sharing Economy Tax Requirements

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 28, 2020

On May 20, 2020, the Finnish tax authority issued a reminder to sharing economy platforms that they must report details of ride sharing and rental activities from 2021. Read Full Story

Finland Considers COVID-19 Tax Increases

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 28, 2020

On May 8, 2020, the Finnish Government published a report which explores the economic and fiscal consequences of the COVID-19 pandemic for Finland and considers what taxes could be increased to help restore the public finances. Read Full Story

BEPS Changes To Nordic Double Tax Agreement To Take Effect

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 2, 2019

The double tax agreement between the Nordic countries will be updated with new anti-tax base erosion and profit shifting provisions with effect from January 1, 2020. Read Full Story

Finland To Implement EU Exit Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 15, 2019

On November 7, 2019, the Finnish Ministry of Finance issued a proposal to implement a corporate exit tax, which is based largely on the European Union Anti-Tax Avoidance Directive. Read Full Story

Ireland Had EU's Lowest Tax-To-GDP Burden In 2018: Eurostat

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 15, 2019

The overall tax burden in the European Union relative to GDP rose slightly in 2018, to 40.3 percent, the Eurostat has announced. Read Full Story

Finnish Budget For 2020 Agreed

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals. Read Full Story

Finland To Issue Tax Guidance On Valuing Non-Cash Dividends

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

The Finnish Tax Administration, the Vero Skatt, informed taxpayers on July 16, 2019, that it intends to update its guidance on the taxation of non-cash dividends after discovering an increase in the payment of dividends in non-cash form by publicly traded companies. Read Full Story

Finland Launches Consultation On EU Exit Tax

by Ulrika Lomas, Tax-News.con, Brussels

Friday, June 21, 2019

On June 14, 2019, the Finnish Ministry of Finance launched a consultation on draft exit tax legislation. Read Full Story

Finland-Portugal Tax Treaty Terminated

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 14, 2019

The Portuguese Government has confirmed in a notice published in its Official Gazette that Portugal's tax treaty with Finland has been terminated effective January 1, 2019. Read Full Story

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