Finnish Government proposes an amendment of the taxation for non-resident individual by assessment presenting a law proposal (HE365/2014) on 12 February 2015. The proposal entails that the taxation of non-resident individuals by assessment would be brought in line with the thresholds and rates of resident individuals with effect from 1 January 2016.
Under the bill taxable income of Finnish source other than income subject to withholding tax at source, is taxed by assessment under the same procedure as for residents. Resident of EEA country may opt to be taxed by assessment for dividends subject to certain conditions.
All taxable Finnish-source income of non-residents, other than income subject to withholding tax at source, is taxed by assessment under the same procedure as for residents. Also individuals resident in an EEA country may, under certain conditions, opt to be taxed by assessment for dividends. With effect from 1 January 2015, capital income shall be the income tax of 30 percent. To the extent that the tax-liable taxable capital gains in excess of EUR 30 000, capital income shall be paid to 33 percent.
