Finland's Ministry of Finance has announced a request for comments on two proposed tax reforms.
The first reform would increase the maximum amount of the forest deduction from 60% to 75% of the amount of taxable capital income from forestry received by a taxpayer. In addition, the maximum amount of the forest deduction would be increased to 75% of the total acquisition costs of forest properties. If approved, this would enter into force at the beginning of 2026 and apply for the first time …