The Finnish Ministry of Finance has launched a public consultation on a draft law providing for the introduction of temporary (windfall) taxes on the profits of electricity and fossil fuel companies at the rate of 33% in tax year 2023. The taxes would be applied in addition to the corporate income tax paid on company profits and would not be deductible. The taxes are based on Council Regulation (EU) 2022/1854 on an emergency intervention to address high energy prices, although the taxable a…