Accounting, Payroll, Tax & Legal since 1989

Finnish corporate income tax rate reduced to 20%

In March 2013, the Finnish Government announced its tax plans for 2014 - 2017. The
government message at the time of release was that they are introducing a significant reform in business taxation, as of January 2014. One of the most significant measures mentioned is to reduce the corporate income tax rate to 20% from 24,5%. The reduction is a further cut from the 2012 tax rate of 26%.

Finland is at the moment the only euro-zone member that has a triple-A credit rating (the best possible) with a stable outlook from all the three major credit rating
agencies. Also, Finland is one of the few European Monetary Union members, still conforming with the 60% maximum public debt ratio rule.



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