Finland Approves New Transparency-Related Measures for Dividends Withholding Tax on Nominee Shares
The Finnish Ministry of Finance has announced that on 12 April 2019, the Finnish President approved the laws for the introduction of new transparency-related measures in relation to withholding tax on dividends paid on nominee registered shares. The laws provide for the following:
- An increased 35% withholding tax on dividends paid on nominee registered shares to an unidentified beneficial own…