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Tax authorities

Finnish Tax Administration
Finnish Tax Administration, OCR Service, Corporate, PL 200, 00052 VERO
Tel: 020 697 051 (from inside Finland); +358 20 697 051 (from outside Finland)

Tax rates at a glance

(As of August 2015)

Corporate tax rate 20% (a)
Capital gains 20% (b)
Branch tax 20% (c)

Withholding tax
   Dividends 20% (d)
   Interest 0% (e)
   Royalties 20% (f)

Net operating losses (years)
   Carryback 0
   Carryforward 0

  1. The corporate tax rate is 20%.
  2. Capital gains received by corporate taxpayers are taxed at a rate of 20%. Capital income (including capital gains from the sale of shares) received by individuals is taxed progressively at a rate of 30% for income up to €30,000 ($34,000) and 33% for income more than this amount.
  3. Branches are taxed at the same rates as domestic companies. There is no branch remittance tax.
  4. Dividends paid to a nonresident company are taxed at a rate of 20%, unless the rate is reduced by an applicable tax treaty or the dividends are paid to a qualifying EU parent company under the EU Parent-Subsidiary Directive. If paid to an EEA resident shareholder, domestic nondiscrimination provisions may lower the withholding tax rate to a level corresponding to similar domestic distributions.
  5. Interest paid to nonresidents is subject to withholding tax only in exceptional cases. Interest paid on bonds, debentures (and other such debts), bank account deposits, accounts originating from international trade or debt that is not equivalent to equity is exempt from tax. If interest is deemed to be a hidden profit distribution, withholding tax is levied on the payment at a rate of 20%, unless a tax treaty provides for a lower rate.
  6. Royalties paid to a nonresident company are subject to a 20% withholding tax, unless the rate is reduced under an applicable tax treaty or the royalties are paid to a qualifying EU related company under the EU Interest and Royalties Directive.
Source: Borenius, Taxand Finland

Leading firms

The Finnish tax administration's hard-line approach became increasingly noticeable this year, particularly in respect to tax planning, restructuring and auditing. These efforts come as no surprise as they follow an attempt to minimise the lingering effects ... [more]


Kari Pasanen is head of tax services at EY Finland and also head of global compliance services in the Nordics. He joined the firm in 2006 and specialises in international tax, corporate tax, cross-border mergers and transfer pricing. The Finnish office ... [more]

The tax practice at KPMG is led by Timo Torkkel, who has a wealth of international tax experience. In Finland, KPMG has more than 850 professionals in 22 locations. It offers audit, tax and advisory services to a range of multinational enterprises, medium-sized ... [more]


Petri Seppälä is the territory tax leader at PwC and has been leading the tax department at the firm since 2011. Before that he was a director at Deloitte and a tax inspector before working at the Big 4 firms. This experience gives Seppälä and the entire ... [more]

Head of tax at Borenius, Taxand Finland is Janne Juusela, who has particular expertise in litigation, transfer pricing and M&A. He joined the firm 10 years ago, having previously worked for KPMG and the Ministry of Finance. He leads a team of 11 lawyers, ... [more]

Deloitte Finland is led by Tomi Karsio, who has 15 years of experience in both cross-border and domestic corporate income taxation, including structuring projects and tax planning. Other key members of the tax practice include transfer pricing specialist ... [more]

Ossi Haapaniemi is head of tax at Hannes Snellman as well as being the chairman of the tax working group of the Finnish Bar Association and member of the board of the Finnish Tax Advisers' Association. The dedicated tax team consists of three partners ... [more]

Reima Linnavirta is head of tax services at Alder & Sound, an independent advisory firm, which provides multinational corporations with an extensive range of integrated services that include corporate and international taxation, transactions, restructuring, ... [more]

Sari Laaksonen is head of tax at Castrén & Snellman, leading nine other team members. The practice covers all areas of corporate taxation, including M&A, VAT, due diligence, transfer pricing, tax inheritance and litigation on advance ruling procedures. ... [more]

Antti Lehtimaja and Marko Vuori are co-heads of tax at Krogerus, a large corporate law firm that focuses on transactional, dispute resolution and regulatory matters; particularly within the energy, finance, food and beverage, healthcare, real estate, ... [more]

Mika Ohtonen is head of tax and structuring at Roschier, leading the team of 10 dedicated tax specialists. The team is very experienced, with a strong focus on tax planning for M&A, restructures and disputes. The firm is also involved in all the high-profile ... [more]

See also

Western Europe

Firm contact details