On 3 February 2026, the Supreme Administrative Court (SAC) denied the appeal application filed by the Tax Recipients' Legal Services Unit in the case concerning the electricity sector's Profit Tax Act.

The law would enter into force on 1 January 2024, but the new tax rates would apply retroactively from the date of introduction of the government proposal, i.e. 12 October 2023.

The awaited initiative to further improve Finland's investment attractiveness by clarifying the taxation of offshore wind farms in Finland's exclusive economic zone is moving forward with the new legislation proposed to enter into force at the beginning of 2026.

On 6 October 2021, the Advocate General issued its opinion (Opinion) on Finnish CJEU case C-342/20 and stated that the Finnish tax exemption criteria designed only for contractual funds qualifies as a restriction on free movement of capital.

The Supreme Administrative Court of Finland (SAC) has recently issued three rulings concerning the tax exemption regime of investment funds in section 20a of the Income Tax Act (ITA).

Had the initial view of the Tax Administration prevailed, the client would not have been qualified to purchase electricity with a reduced tax rate.

Finland is preparing a tax reform to improve flow-through taxation of investments into Finnish regulated funds, expected to be applied as of tax year 2027.

This review takes a brief look at recent case law and news.

Reporting an offence was considered in one in three tax audits last year.

On 12 August 2022, the Ministry of Finance published a preliminary draft government proposal concerning a so-called exit tax on private individuals.

In Finland, employees are entitled to certain tax deductions due to remote working and the COVID-19 pandemic for the 2020 tax year. You can claim a deduction, for example, for a home office, ...

This review takes a brief look at recent case law and news. We would be happy to discuss the items in this review with you and the potential effects they may have on your business in more detail.

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

A limited liability company may acquire and hold control of its own shares. The provisions relating to own shares are set out in the chapter 15 of the Limited Liability Companies Act.