Finland Consulting on Corporate and Withholding Tax Rate Cut and Extension of Loss Carryforward Period

The Finnish Ministry of Finance has announced a public consultation on a draft legislative proposal to reduce the corporate tax rate from 20% to 18% from 2027, which is part of the General Government Fiscal Plan for 2027–2030. The draft also includes a corresponding reduction in the corporate tax rate for companies with limited tax liability (i.e., non-residents) from 20% to 18%, along with the same reduction in the withholding tax rate on dividends, interest, and royalties received by comp…