Even though many industries have pulled out of the current economic situation even with moderate personnel reductions, major redundancies and layoffs could have been avoided completely or at least it could have been possible to decrease the number of persons being made redundant in several companies, if the income-based incentive programmes had been prepared at the time to cover also the demands, large-scale savings objectives and improvement of the profitability set by the prospective recession

The Ministry of Employment and the Economy has sent a draft Government Proposal concerning competition neutrality in publicly controlled companies for public hearing.

The merger between A Ltd and B Ltd was registered to the Finnish National Board of Patents and Registration in 2008.

On September 25th, the Finnish Ministry of Finance announced that the Act on Index Restrictions in Contracts (1195/2000) will not be extended after December 31st 2012.

The Finnish Parliament accepted on 3 April 2013 debated changes to the Annual Holidays Act.

Finland was ranked no. 1 in the Fraser Institute Annual Survey of Mining Companies.

Regulation on prospectuses has changed as from 1 July 2012

The Finnish Central Tax Board ("CTB") gave on 18 May 2011 a preliminary ruling (KVL:034/2011) regarding the duty to pay tax in connection with transfers of investments.

As part of a larger strategy addressed by the Finnish Government to enhance the effective use of intellectual property in Finland, the Finnish Trademark Act was issued to be revised.

Amendments to the Children's Online Privacy Protection Rule, issued by the U.S. Federal Trade Commission on December 19th 2012, will tighten the privacy requirements for child-directed websites and mobile apps.

The Court of Appeal of Helsinki has in its recent decision interpreted section 13 of the YSE 1983 general conditions for building contracts (concerning liability during the guarantee period.)

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.

On 12 March 2010 the Finnish Supreme Administrative Court issued two rulings concerning taxation of cross-border dividends.

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.

The Finnish Supreme Court issued a precedent ruling (KKO 2012:10) concerning sufficient reasons for the use of a fixed term employment agreement for hired employees.

The Finnish Supreme Administrative Court issued a ruling on 30 December 2011 in which it decided to request for a preliminary ruling of the European Court of Justice on whether the dispensation procedure relating to the possibility of using tax losses after a qualified change in ownership could be deemed as an illegal state aid.

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.