Finland has published Law 1364/2018 of 28 December 2018 in the Official Gazette, which includes amendments to the country's controlled foreign company (CFC) rules to comply with the EU Anti-Tax Avoidance Directive. The Law includes:
- An expansion of the CFC rules to cover persons subject to limited tax liability in Finland if the holding in a CFC relates to a permanent establishment in Finland;
- The amendment of the definition of CFCs to provide that a foreign entity is considered a CFC if a …