Finland's Ministry of Finance has announced the publication of its proposals for the 2020 Budget. The tax measures of the budget are limited with respect to corporate tax and are mainly focused on reducing income tax for individuals and increasing tax revenue through excise tax increases. For individuals, proposed measures include an adjustment of the tax brackets to reflect inflation and a reduction in income tax by a total of EUR 200 million through increases in the income tax deduction, the basic municipal tax deduction, and the state and municipal tax deductions for retirement income. It is also proposed to...