2.1
What special regimes exist (eg, for fund entities, enterprise zones, free trade zones, investment in particular sectors such as oil and gas or other natural resources, shipping, insurance, securitisation, real estate or intellectual property)?
Finland
Answer ... There is a special tax regime for the shipping industry.
Finland
Answer ... Under certain conditions, the sale of shares in associated companies may be tax exempt. This applies where:
- the shares are part of the seller’s fixed assets; and
- the seller has owned at least 10% of the share capital of the company, directly and continuously, for at least one year.
As an EU member state, Finland has provisions on cross-border mergers, divisions, transfers of assets and exchanges of shares in accordance with the EU Merger Directive. These rules also apply to domestic transactions.
A change of company form is possible without immediate tax consequences in many cases. For example, a partnership may be transformed into another kind of a partnership or into a limited company. However, a limited company may not be transformed into a partnership.
Finland
Answer ... There are rules on the exchange rates that should be applied to translate different currencies used into euros.
Finland
Answer ... The tax rate for corporate entities is 20%. No patent box rules or similar beneficial regimes are available for intangibles.
Finland
Answer ... Yes, employee pension insurance payments may be deducted.
