Finland Consults on Signing the Multilateral Convention to Implement Amount A of Pillar One

Finland's Ministry of Finance has announced the launch of a public consultation on the signing of the Multilateral Convention to Implement Amount A of Pillar One (MLC) for the reallocation of taxing rights to market jurisdictions with respect to a share of the profits of the largest and most profitable multinational enterprises (MNEs) operating in their markets, regardless of their physical presence. The MLC also ensures the repeal and prevents the proliferation of digital services taxes a…