On 7 November 2019, the Finnish Government submitted draft Bill HE 76/2019 vp in parliament to implement the exit tax rules of Council Directive (EU) 2016/1164, the Anti-Tax Avoidance Directive (ATAD).

The draft provides for the inclusion of provisions on exit taxation in the Law on Business Taxation, including that the unrealized value of assets would be considered taxable income when a taxp…