On 22 June 2022, the Finnish Tax Administration published updated guidance on the taxation of domestic and foreign investment funds and special investment funds, which is available in both Finnish and English. The main update to the guidance concerns an April 2022 judgment from the Court of Justice of the European Union (or European Court of Justice - ECJ), which found that certain criteria for the tax exemption for investment funds violated EU law with respect to the free movement of capital. In particular, the ECJ found that the requirement for an investment fund to be constituted in accordance with...