Venture capital is a vital source of growth for small and medium enterprises (SMEs).

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.

To prevent international evasion of taxes and harmful tax competition, Finland has, in conjunction with the other Nordic Countries, prepared and concluded treaties with certain offshore financial centers concerning the exchange of information on tax related matters.

The Administrative Court of Helsinki has recently issued decisions which grant refund of Finnish withholding tax on dividends to Swedish tax-exempt investment funds on the basis of EU arguments.

Currently, Finland does not tax indirect disposals of Finnish real estate by a non-resident investor. The pending amendments to Finnish Income Tax Act Section 10 would change this.

In 2023 capital gains tax exemption will be applied only on limited basis to Finnish real estate investments.

New WHT rules are applied to dividends paid as of the beginning of 2021. With the legislation change, amendments were made to the Act on the Taxation of Non-resident Income (Laki rajoitetusti verovelvollisen tulon verottamisesta, 627/1978).

On 17 November 2022 the Ministry of Finance published government proposal HE 279/2022, which proposes that the Income Tax Act be amended so that income...

The new tax regime is targeted to combat aggressive tax planning but is an exit tax the correct measure given the points raised by the critics.

Strong economic growth, high liquidity in property markets, high degree of transparency and highly competitive economy are some of the factors that have made Finland an interesting target for real estate investors.

On 17 January 2023, the European Parliament approved a draft of the directive that is meant to prevent tax avoidance and tax evasion through companies that do not fulfil the minimum

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