Government bills17
- HE 40/2026 vpPassed with amendments
Increasing pension investment returns and funding
Earnings-related pension institutions will be allowed to take more risk in their investment activities to pursue higher returns, and more funds will be pre-funded for future pensions. In addition, index increases to earnings-related pensions may be restricted from 2030 onwards if prices rise faster than wages.
3 Jun 2026 · passed without a vote - HE 184/2025 vpPassed with amendments
Making stock market listings easier
Companies' access to the stock exchange and capital markets will be made easier by easing prospectus requirements and lowering the threshold for listing. Regulation will be made more flexible, particularly to promote access to financing for small and medium-sized enterprises.
25 Mar 2026 · passed without a vote - HE 126/2026 vpIn progress
Easing administrative burden on companies
The administration of limited liability companies and co-operatives will be eased, and the process of closing down operations and winding up will be streamlined. The changes will remove unnecessary bureaucracy for companies and speed up the execution of corporate and financial arrangements.
11 Sep 2026 · no votes yet - HE 153/2025 vpPassed with amendments
Allowing debt conversions in corporate restructuring
Debts of a company undergoing corporate restructuring could be converted into the company's shares directly under the restructuring programme. Under certain conditions, the arrangement could also be carried out against the will of the shareholders.
18 Dec 2025 · passed without a vote - HE 125/2025 vpPassed with amendments
Tightening the taxation of share exchanges
Tax rules for share exchanges in corporate restructurings will be tightened so that owners can no longer artificially increase the amount of tax-relieved dividends or reduce capital gains taxes. At the same time, carrying out genuine corporate restructurings and raising international financing will be made more flexible.
27 Nov 2025 · 1 voteOnly vote · Dissenting opinion
104 jaa49 ei - HE 3/2024 vpPassed with amendments
Improving First North investor protection
Multilateral trading facilities, such as the First North trading venue, will be subject to the same takeover bid and flagging rules as the main stock exchange list. Investors will receive better protection in corporate takeovers and up-to-date information on significant changes in company ownership.
25 Mar 2024 · passed without a vote - HE 40/2023 vpPassed
Transfer tax exemption for health and social services properties
Municipalities and joint municipal authorities for health and social services will not have to pay transfer tax when transferring health, social services and rescue properties leased to wellbeing services counties to companies they own. At the same time, tax rules for corporate restructuring and securities transactions will be clarified and streamlined.
14 Dec 2023 · passed without a vote - HE 28/2016 vpPassed with amendments
Reform of the book-entry system
Legislation on central securities depositories and the book-entry system is reformed to align with EU regulation. Finnish companies will also be able to issue their shares in foreign central securities depositories, but the direct ownership model and the public availability of ownership details for domestic investors are maintained.
31 May 2017 · 6 votes94 jaa62 ei - HE 279/2018 vpPassed with amendments
Equity savings accounts for retail investors
A new equity savings account will be created in Finland for private individuals. Within the account, listed shares can be traded and dividends accrued without immediate tax consequences.
7 Mar 2019 · 1 vote126 jaa57 ei - HE 219/2020 vpPassed
Extending housing companies' transition deadline
The deadline for housing companies established before 2019 to transfer their lists of shares to the residential and commercial property information system will be extended by one year. At the same time, rules on mutual real estate companies joining the system will be clarified.
17 Dec 2020 · passed without a vote - HE 73/2020 vpPassed with amendments
Easing taxation of employee share issues
Employees of an unlisted company will be able to subscribe for shares in their employer more affordably without major immediate wage tax consequences. Taxable earned income will only arise if the share subscription price is below the mathematical value based on the company's net assets.
8 Dec 2020 · passed without a vote - HE 16/2015 vpPassed with amendments
Raising retirement age and pension reform
The minimum age for an earnings-related pension will rise gradually from 63 to 65 years and will later be linked to life expectancy. The reform standardises pension accrual, replaces part-time pension with new pension types and extends working careers.
23 Dec 2015 · 6 votes157 jaa4 ei - HE 275/2018 vpPassed with amendments
Tax reform for equity savings accounts
A new equity savings account will be introduced in Finland, within which gains from share trading and dividends are taxed only when funds are withdrawn from the account. At the same time, the tax treatment of endowment insurance and capitalisation agreements will be reformed so that withdrawals are taxed on the proportional share of the yield.
9 May 2019 · 15 votesClosest vote · Lausumaehdotus, mietintö / Timo Harakka 4
96 jaa77 ei - HE 313/2018 vpPassed with amendments
Reforming pension institutions' stewardship and transparency
All earnings-related pension institutions will be placed under a statutory obligation to draw up and publish their principles of ownership steering. The change will increase transparency in the investment of earnings-related pension assets and in acting as shareholders.
6 May 2019 · passed without a vote - HE 282/2018 vpPassed
Tightening dividend taxation on nominee shares
Dividend taxation on nominee-registered shares would be tightened and supervision stepped up. The actual end-beneficiary information for dividends must always be reported to the Finnish Tax Administration for a reduced tax rate to be applied.
26 Mar 2019 · 3 votesClosest vote · Lausumaehdotus, mietintö / Timo Harakka 3
94 jaa77 ei - HE 100/2018 vpPassed with amendments
Reforming financial data and solvency rules
Financial market legislation will be aligned with the EU General Data Protection Regulation and capital adequacy rules. The reform will clarify the maintenance of misconduct registers and strengthen the protection of banks' own funds.
19 Mar 2019 · passed without a vote - HE 210/2018 vpPassed with amendments
Facilitating housing company redevelopment
Housing companies would be able to decide on demolishing an old building and constructing a new one by a four-fifths qualified majority instead of requiring the unanimity of all shareholders. A shareholder opposing the project would have the right to have their shares redeemed at fair market value.
25 Jan 2019 · passed without a vote