WTS in Finland

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 Finnish Government has agreed on new tax measures, which aim to strengthen general government finances by a total of approximately EUR 100 million on an annual basis.

Our summary of R&D Incentives provides guidance where such incentives are provided, and who in WTS Global can support you to gain from these incentives for your business or individually the most.

Transactions on crypto assets should be considered as taxable transfers and the tax treatment should be similar to trading on other movable assets. Therefore, potential losses should be deductible in the taxation of the party investing into crypto assets.

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.