On 6 April 2018, Parliament adopted a bill amending the relevant provisions of the Taxation Act in order to clarify the wording of the provisions of Council Directive (EU) 2016/881 of 25 May 2016 on administrative cooperation in the taxation of mandatory automatic exchange of information. The new provisions came into effect on 12 April 2018 and apply to data to be disclosed for reporting periods beginning on or after 1 January 2016.
Related Posts
Finland: MoF consults tax procedure changes to expand digital reporting, strengthen enforcement
Finland’s Ministry of Finance has submitted a draft proposal for public consultation, seeking amendments to the Tax
Read More
Finland, France income tax treaty enters into force
The Finland–France income tax treaty, signed in 2023, will enter into force on 28 August 2026. The new tax treaty
Read More
Finland proposes corporate tax cuts in draft 2027 budget
Finland’s Ministry of Finance announced the draft budget for 2027 on 6 August 2026, which includes several
Read More
Netherlands, Finland establish arbitration procedures under BEPS MLI tax treaty framework
The Netherlands has gazetted a Memorandum of Understanding (MoU) with Finland establishing the procedures for applying
Read More
Finland consults proposed comprehensive tax reforms to boost household incomes, work incentives
Finland's Ministry of Finance has initiated a public consultation on sweeping amendments to income taxation and the
Read More
Finland establishes permanent tax residency framework for foreign investment funds
The President of Finland ratified a law that brings amendments to the Income Tax Act concerning the tax residency rules
Read More