Finland Withdraws BEPS MLI Reservation on Capital Gains from the Alienation of Shares Deriving Value from Immovable Property

The OECD has published an updated (consolidated) MLI position deposited by Finland on 27 June 2023. The updated position includes the withdrawal of Finland's reservation regarding MLI Article 9 – Capital Gains from Alienation of Shares or Interests of Entities Deriving their Value Principally from Immovable Property. Article 9 provides that where a covered agreement contains provisions for the taxation of gains from the alienation of shares deriving more than a certain part of their value fr…