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Finland Publishes Updated Guidelines on Real Estate Property Tax

05 June 2015

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Approved Changes

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Finland

On 26 May 2015, the Finnish tax authorities published updated guidelines on the application of real estate property tax. The guidelines cover the types of property subject to tax, valuation, tax determination, rates and other information. The applicable tax rates vary by municipality, but must be within the following ranges for 2015: General rate - 0.8% to 1.55% Permanent residential buildings - 0.37% to 0.8% Electric Power Plants including nuclear waste disposal facilities - up to 2.85% Non-profit organization owned property - as low as 0.0% Unfinished buildings sites - 1.0% to 3.0% Click the following links for the updated...