On 17 February 2023, Finnish President Sauli Niinistö signed bill HE 279/2022 vp into law, which amends income source rules in relation to indirect transfers of immovable property. As provided in paragraph 10 of Section 10 (Income from Finland) of the Income Tax Act, income received from Finland includes, among other things, income from the transfer of real (immovable) property situated in Finland, as well as income from the transfer of shares in a Finnish limited liability company or cooperative society if more than 50% of the assets of the company/cooperative are comprised of one or more real properties in...