Government bills34

Topictax deductions34
  1. HE 185/2020 vpPassed

    Tax deduction of EEA subsidiary losses

    A Finnish parent company will, under certain conditions, be able to deduct the final losses of a subsidiary located in another EEA state in its taxation. The deduction can be made as a separate group deduction once the subsidiary's operations have been discontinued and the company has been dissolved.

    17 Dec 2020 · passed without a vote
  2. 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 votes

    Closest vote · 2. lakiehdotus, 125 §, mietintö / Sari Essayah

    32 jaa
    23 ei
  3. HE 197/2020 vpPassed

    Media fee deductibility and environmental exemptions

    Companies in Åland will be permitted to deduct the region's media fee in their taxation in the same way as the public broadcasting tax in mainland Finland. In addition, support for nature conservation and water protection received in non-monetary form will be made tax-exempt.

    7 Dec 2020 · passed without a vote
  4. HE 196/2020 vpPassed

    R&D tax deduction for companies

    Companies and agricultural operators would receive an additional tax deduction for research and development work purchased from research organisations. The new deduction could be used for the tax years 2021–2025.

    7 Dec 2020 · passed without a vote
  5. 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
  6. 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 votes
    126 jaa
    34 ei
  7. 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
  8. HE 258/2018 vpPassed

    Voluntary VAT liability for performers

    Performing artists, athletes and booking agencies will be able to opt voluntarily into liability for value added tax (VAT). This will enable them to deduct the VAT paid on purchases made for their activities.

    17 Jan 2019 · passed without a vote
  9. 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 votes

    Closest vote · Lausumaehdotus, mietintö / Timo Harakka 3

    87 jaa
    79 ei
  10. 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
  11. HE 107/2017 vpPassed

    Easing earned income taxation in 2018

    Earned income taxation will be eased and employer-paid training will be made exempt from tax more broadly from the beginning of 2018. At the same time, the time limit for tax-exempt travel allowances for temporary posted work will be extended to three years.

    4 Dec 2017 · 32 votes
  12. HE 175/2016 vpPassed with amendments

    Easing inheritance and gift taxation

    Inheritance and gift taxation will be eased, in particular to facilitate generational changes in businesses and farms. At the same time, the tax exemption for life insurance payouts on death will be abolished and inheritance tax deductions increased.

    16 Dec 2016 · 6 votes

    Closest vote · 7 a §:n 2 ja 3 mom., mietintö / Timo Harakka

    112 jaa
    58 ei
  13. HE 29/2016 vpPassed with amendments

    Harmonising taxation and tax collection procedures

    Procedures for reporting, paying and appealing self-assessed taxes will be harmonised, and electronic communication will become the general rule. At the same time, time limits for tax adjustments will be shortened and thresholds for less frequent filing by small businesses will be raised.

    8 Jul 2016 · passed without a vote
  14. HE 31/2015 vpPassed

    Tax cuts and smaller mortgage deductions

    Taxation on labour will be eased in 2016 by increasing the earned income tax credit and the basic deduction, particularly for low- and middle-income earners. At the same time, the tax deductibility of mortgage interest will be reduced and taxation on high earned and capital income will be tightened.

    2 Dec 2015 · 24 votes

    Closest vote · Lausumaehdotus, mietintö / Timo Harakka 2

    121 jaa
    54 ei