OrbitaxOrbitax

Finnish Parliament Considering Draft Bill for New Mining Tax

|Proposed Changes|Finland
Finland

The Finnish parliament is considering draft bill HE 281/2022 vp, which was submitted in parliament on 17 November 2022 for the introduction of a new mining tax on minerals extracted in Finland. The tax would be a simple and formulaic payment in the nature of a royalty. The taxable value for metals would be based on the annual average of the world market price of each metal ore, while other min…

Continue Reading