Following a recent public consultation, the Finnish government has issued a release on its reservations with the proposals adopted by the European Commission on 12 September 2023. The proposals include:
- The BEFIT proposal that introduces a new, single set of rules to determine the tax base of groups of companies, which will be mandatory for groups operating in the EU with an annual combined revenue of at least EUR 750 million, and where the ultimate parent entity holds at least 75% of the o…