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.

Attorneys at Law Borenius & Kemppinen participated in the Women, Business and the Law project by providing information concerning the Finnish laws and regulations that shape women’s opportunities in the following three areas: Using property, Accessing institutions and Going to court.

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.

One of the most significant contracting authorities in the field of social welfare and health in Finland conducted a wide public procurement on medical supplies and devices.

The Act on Public Contracts provides that the contracting authority is obliged to take into consideration facts which actually affect the price of the tender, including a financial aid given by the contracting authority itself to the tenderer.

We have received increased reports of clients receiving reminder letters and requests to pay registration or renewal fees for pending or existing trademark or patent applications.

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

The Finnish Act on Real Estate Investment Funds has been in force since 1998 (1173/1997).

Technological equipment imported to Russia has been exempt from Russian VAT in cases where it has been invested to the share capital of Russian company as contribution in kind.

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.

A bill aimed at reforming Finnish corporate taxation is forthcoming in October 2007. The reform seeks to harmonise corporate tax legislation with the new Finnish Companies Act.

Wwe discussed the Finnish Centre for Pensions' revised guidelines pursuant to which employers were required to apply for A1 certificates also for short-term work-related travel.

A dsiscussion on the amendments proposed to the Finnish Medicines Act.

In a recent case heard by the Court of Appeal of Helsinki, a property maintenance company’s CEO was being charged with negligent manslaughter after an elderly man was killed by a block of icy snow falling from the roof of an apartment building.

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 under Section 52d of the Business Income Tax Act (360/1968).