On 12 August 2015, Finland's Ministry of Finance published an overview of the budget proposal for 2016. The tax related measures of the proposal focus on shifting taxation from labor and business to excise duties and other indirect taxes. Measures include:
- Reducing individual income taxation by increasing the earned income deduction by EUR 450 million in 2016;
- Easing the earned income tax basis in 2016 in line with the change in the Index of Wage and Salary Earnings;
- Reducing car taxation by…