Government bills75
- HE 142/2020 vpPassed with amendments
Earned income and commuting tax relief
An index adjustment corresponding to the rise in earnings levels will be made to the earned income tax criteria for 2021 to prevent the taxation of earned income from tightening with inflation. At the same time, taxation on low-emission company cars, public transport tickets, and company bicycles will be eased.
14 Dec 2020 · 15 votesClosest vote · 2. lakiehdotus, 125 §, mietintö / Sari Essayah
32 jaa23 ei - 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 97/2019 vpPassed
Preventing tax avoidance with Germany
The income tax treaty between Finland and Germany will be amended to prevent tax avoidance. A rule will be added to the treaty allowing tax benefits to be denied in cases of abuse.
6 Mar 2020 · passed without a vote - HE 68/2019 vpPassed
Preventing tax avoidance by multinational companies
The opportunities for multinational companies to avoid taxes by exploiting differences between national tax systems will be restricted. Companies will no longer be able to use artificial arrangements to deduct the same expenses in multiple countries or leave income entirely untaxed.
19 Dec 2019 · passed without a vote - HE 85/2019 vpPassed
Doubling depreciation on machinery and equipment
Businesses and agricultural operators will be able to claim double tax depreciation on investments in new machinery and equipment in the tax years 2020–2023. This will accelerate the deduction of acquisition costs for tax purposes and encourage new investments.
18 Dec 2019 · 3 votesClosest vote · Lausumaehdotus 1, mietintö / Ville Vähämäki
96 jaa64 ei - HE 24/2019 vpPassed
Changes to income taxation for 2020
Taxation of earned income will be eased for 2020 through index adjustments and by raising the earned income tax credit and the basic deduction. At the same time, the household expenses tax credit will be reduced and the mortgage interest tax deduction will begin to be phased out.
17 Dec 2019 · 9 votes126 jaa34 ei - HE 78/2019 vpPassed with amendments
Easing Incomes Register reporting requirements
Deadlines for reporting to the Incomes Register will be extended and reporting obligations eased in several everyday situations. At the same time, the introduction of late-filing penalties for the Incomes Register will be postponed by one year.
13 Dec 2019 · passed without a vote - HE 1/2019 vpPassed
Postponing the corporate tax reform
The entry into force of the corporate income tax reform will be postponed from July 2019 to the start of 2020. The postponement ensures that companies can deduct losses incurred in late 2019 in their taxation as planned.
28 May 2019 · passed without a vote - 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 319/2018 vpLapsed
Increasing the agricultural equalisation reserve
The maximum amount of the equalisation reserve in agricultural taxation will be raised from 13,500 euros to 25,000 euros. The change gives agricultural entrepreneurs better opportunities to balance their income and prepare for future investments.
18 Apr 2019 · no votes - HE 71/2017 vpLapsed
Clarifying the Åland regional tax deduction
The calculation rules for the regional deduction in central government taxation granted to residents of Åland will be clarified as part of the broader health and social services and regional reform. At the same time, the separate bill concerning Åland's financial equalisation will be deferred to a later date.
18 Apr 2019 · no votes - HE 306/2018 vpPassed
Clarifying taxation of foreign private equity
The tax treatment of foreign investors in Finnish private equity funds will be eased in situations where an investment is made through another fund. The change aims to remove tax obstacles and attract more international growth funding to Finland.
5 Mar 2019 · passed without a vote - HE 307/2018 vpPassed
Closing international tax treaty loopholes
Finland will accede to an international multilateral convention that updates multiple bilateral tax treaties at once. The reform will prevent corporate tax avoidance and profit shifting, and make the resolution of international tax disputes more efficient.
18 Feb 2019 · 3 votes - HE 244/2018 vpPassed with amendments
Expanding the Incomes Register
The national Incomes Register will expand to cover paid pensions and other benefits in addition to wage and salary data. Payers of pensions and benefits will report the data centrally to the Incomes Register, where different authorities will have access to it.
28 Jan 2019 · passed without a vote - HE 150/2018 vpPassed with amendments
Tightening corporate interest deduction limits
Companies' ability to deduct interest on their loans in taxation will be tightened to prevent tax avoidance and aggressive tax planning. The restrictions will be extended to cover interest paid to banks and other external parties as well as real estate and agricultural activities.
5 Dec 2018 · 7 votesClosest vote · Lausumaehdotus, mietintö / Timo Harakka 3
87 jaa79 ei - HE 124/2018 vpPassed
Easing income tax and increasing deductions
The income thresholds of the income tax scale for 2019 and several tax deductions would be increased to ease taxation on earned income. In addition, the maximum amount of the deduction for secondary accommodation for work and tax-exempt travel allowances for voluntary workers would be increased.
3 Dec 2018 · 33 votes - HE 169/2018 vpPassed
Combating tax avoidance between Nordic countries
The Nordic tax agreement would be updated to make combating tax avoidance more effective. At the same time, procedures between the countries' authorities for resolving tax matters would be clarified.
9 Nov 2018 · passed without a vote - HE 103/2018 vpPassed
Tax treaty between Finland and Hong Kong
Finland and Hong Kong will introduce a comprehensive tax treaty to eliminate double taxation of income and prevent tax evasion. The treaty clarifies which party has the right to tax income moving between the countries.
5 Oct 2018 · passed without a vote - HE 36/2018 vpPassed
Terminating the tax treaty with Portugal
Finland will terminate the old tax treaty concluded with Portugal. Following this, Finland will be able to tax pensions paid to Portugal in accordance with Finnish tax legislation.
30 May 2018 · passed without a vote - HE 97/2017 vpPassed with amendments
Reforming taxation and tax collection procedures
Tax assessment and tax collection practices would be harmonised, and tax assessments could end at different times for individual taxpayers. This would speed up the payment of tax refunds and the processing of back taxes.
22 Dec 2017 · 11 votesClosest vote · Lausumaehdotus, mietintö / Harakka, 7
108 jaa87 ei