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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: +358 9 731 136
Fax: +358 20 697 024
Website: www.vero.fi

Tax rates at a glance

(As of September 2008) 

Corporate income tax rate 26%
Capital gains tax rate 0%/26%*
Branch tax rate 26%

Withholding tax
Dividends 28%
Interest 0%
Royalties from patents and licences 28%
Branch remittance tax No

Net operating losses (years)
Carryback No
Carryforward 10 years

* An exemption is available on gains on substantial shareholdings subject to certain conditions.

Source: Professionals in member firms of Deloitte Touche Tohmatsu
2008 Copyright Deloitte Touche Tohmatsu. All rights reserved

Tax

Finland has some of the highest tax rates in Europe. Despite this, tax rates are expected to increase as the government looks for ways to reduce the burden on the public finances brought on by the promotion of economic stimulus packages. The government ... [more]

Ernst & Young has received much respect from its competitors as one of the leading tax firms in the country, despite losing a number of senior figures to rivals and to government positions.

With 108 tax specialists, KPMG operates with one of the largest tax practices in the country. Timo Torkkel leads the team which is made up of seven partners who work across all areas of tax. The firm also comprises 20 international tax specialists who ... [more]

Deloitte's tax practice has steadily grown over the past six years and now boasts 60 tax professionals and five partners. The firm represents half of the top 30 Finnish companies. During the past year, eight practitioners have joined the firm, including ... [more]

Hannes Snellman's head of tax is Ossi Haapaniemi, who is the firm's only dedicated tax partner. Six full-time professionals work in the department. The practice is mostly a transactional one (structuring, M&A, capital markets, private equity, incentive ... [more]

Klaus Keravuori leads the tax practice at PricewaterhouseCoopers. The firm offers a full range of tax services including transfer pricing, M&A and corporate restructuring.

Borenius & Kemppinen - Taxand's tax practice is the largest among the country's law firms. The Janne Juusela-led practice is a member of the Taxand global network of leading independent tax firms. The practice consists of five advisers and three associates.In ... [more]

Castrén & Snellman's tax team is led by Sari Laaksonen, who is the practice's only partner. The firm's corporate tax team have become specialists in the past 12 months in providing practical tax solutions for clients struggling to cope with the downturn. ... [more]

Krogerus is gradually developing a national reputation as a leading tax law firm. Peers recommend Pekka Talari for his M&A work and deep understanding of corporate and finance law. Talari held various positions at the Finnish tax authority and he uses ... [more]

Roschier, Attorneys tax practice comprises a team of seven lawyers (one partner, one specialist counsel and five associates) with the key personnel consisting of the head of the team, partner Gunnar Westerlund, the co-head, specialist counsel Vesa Rasinaho ... [more]

See also

Finland
Western Europe (Regional Rankings)

Law firm contact details