Finnish Ministry of Finance Consulting on Proposed Individual Income Tax Changes for 2026

Finland's Ministry of Finance has announced a public consultation on proposed individual income tax changes. The proposed changes include:

• The revision of the tax brackets/rates on earned income, with a reduction in the highest marginal rate to approximately 52%;
• The repeal of the deduction for membership fees of labor market organizations and for contributions to organizations that have objectives related to labor market activities (would apply for both employees and employers);
• The repeal…