Finland Publishes Guidance Updates in Relation to Amended Provisions on Penalties

The Finnish tax administration has published a series of guidance updates to take into consideration amended provisions on penalties, which were harmonized through Law 15/2018, published in January 2018 ({News-2018-01-30/A/2-previous coverage}). The changes enter into force on 1 May 2018 and are first applied on assessments of tax year 2018. The updated guidance includes:

• Income Taxation of Foreign Corporate Entities (English language)
• General Guidelines for the Attribution of Income to Pe…