Proposed changes to withholding tax regarding nominee-registered shares

 

The Finnish tax treatment of dividends derived by non-residents from nominee-registered shares, and especially the related compliance burden, will be changed as a result of Government Bill 118/2005 presented to the parliament on 16 September 2005. The Bill introduces new withholding rules for dividend payments to non-residents in respect of nominee-registered shares. Details of the current and proposed regime, the latter of which is intended to apply from 1 January 2006, are summa…