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Finnish Ministry of Finance Consulting on Increase in Mining Mineral Tax

|Proposed Changes|Finland
Finland

Finland's Ministry of Finance has announced a public consultation on a proposed increase in the mining tax on minerals extracted in Finland. This includes an increase in the tax rate from 0.6% to 2.5% on the taxable value of the metal contained in ore, which would be confirmed annually by the Tax Administration. Further, the tax on mined minerals other than metals would be increased from EUR 0.2 per ton to EUR 0.6 per ton. Certain mining by-products, or "side streams", would be exempt, with …

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