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Finland Consulting on New Rules for the Taxation of Real Estate Investment Funds

22 September 2022

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Proposed Changes

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Finland

The Finnish Ministry of Finance has launched a public consultation on draft amendments regarding the taxation of real estate investment funds to protect Finland's tax base. As announced in 2021, the Finnish government plans to expand Finland's tax base through different measures, including amendments to the taxation of special investment funds that invest in real estate. The amendments would extend Finland's right to tax to the income generated by real estate investments made in Finland by special investment funds that invest in real estate. The proposed amendments are in line with recommendations contained in a working group report issued in...