In a unanimous yearbook decision the Finnish Supreme Administrative Court ruled that guarantee insurance is an adequate environmental permit security.

A discussion on the milestone changes in the Finnish intellectual property landscape, which means that intellectual property matters, which now are being processed by various bodies, will be centralized and dealt with by the Market Court as of September 2013.

The President of Finland, Mr. Sauli Niinistö, signed the new legislation in a presidential session held on 31 January 2013, confirming that the proposed changes shall enter into force as of 1 September 2013.

The Act on the Contractor’s Obligations and Liability when Work is Contracted Out has been amended on 1 July 2012.

In a unanimous yearbook decision the Finnish Supreme Administrative Court ruled that guarantee insurance is an adequate environmental permit security.

There are still several issues under discussion regarding the details of the Directive and its implementation, including potential separate regulation concerning venture capital funds.

On 17 October 2008 the Finnish Government issued a Bill to amend the current Business Income Tax Act in accordance with international financial reporting standards and recent development in bookkeeping legislation.

The Council of the European Union has on 21 March 2013 formally approved the European Venture Capital Funds Regulation.

The European Court of Justice has recently delivered its preliminary ruling in the case concerning A Oy (C 123/11) on deductibility of non-resident subsidiary’s losses in the context of a cross-border merger.

European Court of Justice has issued a ruling (C-284/09) in which the German dividend withholding taxation was deemed to infringe the principle of free movement of capital.

On 17 January 2013 a working group, the ICT 2015 Group, set up by the Finnish Ministry of Employment and the Economy, published its final report including a 10 year strategy with a number of proposals to boost Finland’s economy with the help of information and communications technology.

The Supreme Administrative Court has issued on 5 January 2011 a ruling concerning the change of generation relief of gift taxation (KHO 2011:1).

The Finnish Government has decided to launch a long-term growth programme aimed to strengthen the private equity investment market and to support the growth of SME companies.

The new Finnish Waste Act and amendments related to it in the Environmental Protection Act entered into force on 1 May 2012.

On 4 April 2011, the Finnish Supreme Administrative Court issued and published an advance ruling (KHO 2011:31) concerning the tax treatment of compensations for board member duties performed by a private equity company in a portfolio company of a managed private equity fund.

On 1 November 2011, the Agreement on the application of Article 65 EPC — the London Agreement — takes effect in Finland as Acts on Finland's accession to the agreement (742/2011) and on amendment of the Patents Act (743/2011) enter into force.

The Supreme Administrative Court has issued on 5 January 2011 a ruling concerning the change of generation relief of gift taxation (KHO 2011:1).

The European Commission has decided to refer Finland to the European Court of Justice because of failure to comply with a Reasoned Opinion on its legislation which discriminates against foreign pension funds.

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

The European Commission presented on 16 March 2011 a proposal that calls for a common system for calculating the tax base of business operating in the EU.