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Finland Issues Policy to Ensure Tax Responsibility in Development Cooperation

10 March 2021

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Approved Changes

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Finland

Finland's Ministry of Foreign Affairs has issued a release announcing the publication of a policy to ensure tax responsibility in development cooperation. --- Finland to ensure tax responsibility in development cooperation Aggressive tax planning, utilisation of tax havens and tax holidays that distort fair competition are not allowed in development cooperation. The Ministry for Foreign Affairs published today a policy which aims to ensure that companies receiving development cooperation funding operate in a tax responsible manner. The policy is part of the Finland's Taxation for Development Action Programme (2020-2023) implementation. The policy specifies the basic principles to which the companies...