Finnish Tax News

KPMG’s Tax Services in Finland can help you and your company in both national and international tax matters. Our tax professionals have a deep knowledge of legal conditions and practice in Finland and can provide foreign companies and individuals with insight about and assistance with the Finnish tax and legal system

We offer twice a year a newsletter in English about the current topics in Finnish business and tax legislation in the areas of corporate and indirect taxation, business law, employment conditions etc.

Should you wish to receive this newsletter directly via e-mail, please contact Elina Laine, e-mail: firstname.lastname@kpmg.fi or tel. + 358 20 760 3581.

Tax News in October 2009

• Tax penalties present an increased risk for corporate taxpayers
• Tax return form regarding transfer pricing
• Adjusting corporate income tax prepayments before the year-end
• Depreciations doubled for investments in production
• Finland has concluded a new Income Tax Treaty with Poland
• A new Income Tax Treaty between Finland and Turkey
• New EC Social Security regulation comes in to force in 2010
• The Tax Account system will change reporting and payment obligations of self-initiated taxes
• New rules for determining the place of supply services as of 1January 2010
• Shareholders’ rights directive implemented
• Tax Compliance Calendar