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In October 2011, major Finnish trade unions and employers’ organisations agreed on conditions of a new framework agreement.

According to current regulations in the Income Tax Act, capital losses derived from the sale of assets are deductible from capital gains in the year when the loss is incurred and during three following fiscal years.

According to current regulations in the Income Tax Act, capital losses derived from the sale of assets are deductible from capital gains in the year when the loss is incurred and during three following fiscal years.

Amendments to the regulations concerning the system of appeal in taxation cases have been proposed in the recent government bills 74/2012 and 76/2012.

The Supreme Administrative Court has issued a ruling based on which a transfer of employees does not necessarily hinder the applicability of a granted special permit relating to the right to deduct a company’s tax losses (in this case totalling to EUR 558 million), despite a change of ownership.

On 21 March 2013, the Finnish Government reached agreement on central government spending limits for 2014-2017.

In September 2023, the European Commission published its proposed directive on Business in Europe: Framework for Income Taxation (BEFIT) aimed at cross-border groups.

The Finnish CFC legislation implies that a Finnish company may be subject to income tax for its share of the profit of a CFC regardless of whether these profits are distributed by the CFC to its shareholders or not.

Finnish Central Tax Board gave a published preliminary ruling on 5 October 2011 whether incorporating only one real property could be regarded as a transfer of assets.

The Supreme Administrative Court gave on 22 October 2004 a decision, KHO:2004:93, regarding the share swap situation. According to this decision the fees paid to advisers could not be deducted as annual cost in taxation, even though this had been done in accounting.

The new legislation is expected to enter into force on 1 March 2023 and will be applied to all disposals carried out after that date.

Amendments to the regulations concerning the taxation of share exchanges have been proposed in the recent government bill 148/2011.

On 17 June 2011 the new Finnish government reached agreement on the new Government Programme.

On 25 May 2010, Finland and China (People’s Rep.) signed a new double tax treaty and protocol in Beijing. The governmental bill was sent to the Finnish Parliament for approval on 16 July 2010.

On 10 May 2012 European Court of Justice has given a significant judgment (Santander) concerning withholding tax.

On 30 August 2012, the Finnish Government agreed on the budget proposal for the year 2013.