Finland Tax News

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Multilateral action between United Kingdom, France, Germany, Italy and Spain to counter tax evasion

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Finland's Supreme Administrative Court rules on using location savings in TP cases

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Tax Plans for 2014-2017 – details

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Heavy restrictions on capital movements enter into force

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Netherlands Supreme Court: Reinvestment reserve taxable in Netherlands also if a company had its place of effective management in Luxembourg at time of sale of immovable property located in Netherlands

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Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision

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Protocol to treaty between Finland and Switzerland enters into force

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Treaty between Finland and Morocco enters into force

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Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward

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Treaty between Finland and Uruguay enters into force

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Treaty between Russia and Finland – Clarifications on the application of the reduced withholding tax on dividends in case of share capital increase

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Netherlands Supreme Court: AG opines on refund of dividend withholding tax to Finish CIV

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Budget for 2013 enacted

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Government proposes introduction of general limitation on the deductibility of interest expenses

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Supreme Court: Business merger facility not applicable to contribution to subsidiary followed by subsequent contribution to grant daughter company of all assets except a business building

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Treaty between Finland and Cyprus – details

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Budget for 2013 published and presented shortly to parliament

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Ministry of Finance clarifies tax treatment of Greek-source royalties in tax treaties with Czech Republic and Hungary

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Government reaches consensus over Budget for 2013

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Finnish tax administration updates withholding tax guidance: Liechtenstein covered by withholding tax exemption

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Netherlands Supreme Court decides that Dutch thin capitalization provisions in the case of financing companies are not incompatible with ICCPR and ECHR

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Court of First Instance Leuven decides that fine imposed by European Commission due to violation of EC competition law is not deductible

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Treaty between Finland and Turkey enters into force

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Supreme Court decides interest paid on debt-claim towards low-taxed group company resulting from transfer of immovable property not deductible

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Budget laws for 2012 published

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Budget for 2012 enacted

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Government announces more tax measures for 2012 as labor unions reach satisfactory collective agreement

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Decree on black list countries updated: Kazakhstan added to the list

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Government moves forward with introducing thin capitalization rules

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Budget for 2012 – Corporate taxation

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