OrbitaxOrbitax

Finland Amends Statute of Limitation for Revised Tax Assessments and Withholding Tax Refunds

|Approved Changes|Finland
Finland

The Finnish parliament has reportedly passed legislation to amend and harmonize the statute of limitations across the various tax regimes, including for withholding tax refund claims. Regarding tax assessments, the statute of limitations for an adjustment that would benefit the taxpayer is reduced from five year to three years. For adjustments that would disadvantage the taxpayer, the statute of limitations is four to six years depending on the nature of the cause for adjustment. Regarding cl…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.