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Finland Gives Notice of Termination on Tax Treaty with Portugal

14 June 2018

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Treaty Development

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Finland-Portugal

Finland's Ministry of Finance has announced that it will give notice of termination on the 1970 income and capital tax treaty with Portugal. A new treaty was signed in 2016 but is not yet in force. --- On Thursday 14 June, Finland will give notice of termination on its tax treaty with Portugal concerning the avoidance of double taxation. The decision to terminate the treaty and approve the bill on the termination was made by the President of the Republic on Wednesday 13 June. The treaty is not consistent with Finland’s current tax treaty policy as it, for example, restricts...