author_orbitax
Orbitax

Share This Article

Budget for 2013 published and presented shortly to parliament

23 October 2012

|

Proposed Changes

|

Finland

On 17 September 2012, the government published its Budget Bill for 2013 (the Bill), which is presented to the parliament on 18 September 2012. The Bill gives some further details, as summarized below, on the measures announced earlier. The Budget will generally apply from 1 January 2013. Corporate taxation -   The normally applicable depreciation rates are doubled for new industrial investments. The accelerated depreciation is available for a maximum of 2 consecutive tax years and applies in respect of qualifying equipment acquired and taken into use between 2013 and 2015.