Finnish Budget proposal for the year 2014
The Finnish Government has presented to Parliament the Budget Bill 185/2013.
The proposed Bill, which is intended to come into force from the beginning of 2014, provides, among other things, for the following amendments for non-residents:
- The non-treaty rate for corporate entities will be reduced from 24.5% to 20%;
- The tax rate for certain corporations in the European Economic Area (EEA) will be reduced from 18.38% to 15%.
We will continue to monitor the Bill for any developments and will provide more information as it becomes available.
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