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Finland

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Tax authorities

National Board of Taxes
Haapaniemenkatu 4 A, P.O. Box 325, FIN-00052 Verotus, Helsinki, Finland
Tel: (from inside Finland) 020 697 051
Tel: (from outside Finland) +358 20 697 051
Website: www.vero.fi

Tax rates at a glance

(As of 2014)

Corporate income tax 20%
Capital gains 30% (32% for capital income exceeding 40,000)
Branch tax 20%
Withholding tax (a)
Dividends
- corporate entities 20%
- individuals 30%
Interest 0%
Royalties
- corporate entities 20%
- individuals 30%
Branch remittance tax
 
Net operating losses (years)
Carryback
Carryforwards
  1. Payments to European companies that qualify under EU directives may be exempt

Source: Tax advisers from Borenius – Taxand

Leading firms

The Finnish tax market has long been characterised by its cautiousness. "We don't have big companies who have aggressive tax planning strategies, even more so with all the public debate," said Titta Heikkinen of Deloitte. "Of course they take tax issues ... [more]

KPMG have the largest tax team in Finland, with expertise spanning all areas of tax. "KPMG are always involved here," said an adviser with another firm in the market. Timo Torkkel continues to lead the overall tax practice, which alongside its size and ... [more]

PwC

PwC's team is, behind KPMG, the largest in Finland, and receives praise both for its overall practice and for the strength of its individual practitioners. "They work as a global company, on a very high level and to a very good standard," said a client. ... [more]

Janne Juusela has led Borenius – Taxand since 2005, joining the firm after stints at KPMG and the Finnish Ministry of Finance. Alongside him at the firm's helm is Sami Tuominen, formerly at Deloitte and PwC, who was recruited in 2008 and focuses on corporate ... [more]

Deloitte's Finish tax practice consists of seven partners and 68 fee earners. It is headed by Tomi Karsio, whose expertise in M&A and structuring broadly reflects the core of the practice's tax work. Another partner specialised in M&A structuring, Tomi ... [more]

EY

EY houses a broad tax practice in Finland, and its nine partners and 130 fee earners constitute one of the fastest growing tax teams in the jurisdiction. The head of the tax department, Kari Pasanen, brings strong business expertise to the heart of the ... [more]

Hannes Snellman, a well-known Nordic law firm, has an ambitious tax practice in Finland which is rapidly gaining clients and respect. One client, speaking of the head of the practice Ossi Haapaniemi, said: "Ossi is a person I trust very much and he has ... [more]

Alder & Sound first started operations as a transfer pricing boutique in 2010. It was launched by the former EY transfer pricing specialist Hannu-Tapani Leppänen, who had extensive experience in business model optimisation. He was subsequently joined ... [more]

Sari Laaksonen, head of Castrén & Snellman's tax practice in Finland, is a member of the Finnish Bar Association's Expertise Group on Tax and is particularly active within the corporate sphere. He led his practice, consisting of one other partner and ... [more]

The core Krogerus's tax caseload is handled by two specialists: Antti Lehtimaja, who specialises in M&A, incentive schemes, investment funds and litigation; and Marko Vuori, who represents clients in financing, M&A, and other corporate structuring matters. ... [more]

The pan-Nordic law firm Roschier has a strong practice in Finland, with Mika Ohtonen, partner and department head, overseeing six other fee earners. The firm was conceived with a narrow focus on transaction-related tax planning, but as it has grown – ... [more]

See also

Finland
Western Europe

Firm contact details