Finland: Finnish tax framework for 2013-2014
01 May 2012
The Finnish government has agreed on the budget framework for the
next two years. To balance the state economy, the government has decided
on economic measures worth €2.7 billion ($3.5 billion). €1.5 billion of
the total amount will be raised by straining taxation and €1.2 billion
by cutting expenses. The government has also agreed on a supplementary
budget which includes tax incentives to support economic growth.
Balancing tax measures
The majority of the balancing effects are carried out by an increase
in VAT rate and by freezing the inflation...
This article is available to subscribers and current trialists of International Tax Review only. Please log in or subscribe for access to the rest of the article.
Alternatively take a free trial, giving you 7 days of access.
This article is available to subscribers only. To read the rest of this article please subscrbe.
This article is available to trialists and subscribers only. Please take a free 7 day trial to read the rest of the article.