Finland’s President Alexander Stubb ratified the new income tax treaty with France by signing it into law on 28 June, 2024.
This treaty, which was signed on 4 April 2023, will replace the existing 1970 tax agreement between the two nations. The new tax treaty will not be governed by the OECD Multilateral Instrument (MLI) since it was signed after Finland and France ratified the MLI. However, it will still enforce several provisions from the MLI.
The agreement will come into force 30 days after the exchange of ratification instruments, and will apply from 1 January of the year following its enactment.
