Finland Considering Provision to Allow Tax Authorities to Recharacterize or Disregard Transactions in Transfer Pricing Cases
On 7 January 2015, the Finnish government issued a draft proposal to amend the countries transfer pricing rules by adding a new general anti-avoidance clause. The clause would empower the Finnish tax authorities to recharacterize or disregard transactions when the legal form of a transaction does not correspond with its commercial substance.
The proposal is in response to a Finnish Supreme Cou…
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