OrbitaxOrbitax

Finland Publishes Updated Guidance for Interest on Withholding Tax Refunds

|Approved Changes|Finland
Finland

The Finish tax administration has published updated guidance concerning the payment of interest on withholding tax refunds. In general, Finland will pay interest on withholding tax refunds at a rate equal to the reference interest rate minus 2%, with a minimum rate of 0.5% (current reference rate is 0%, so 0.5% rate applies). The updated guidance notes that from 2017, the time limit for a refun…

Continue Reading