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Finnish Government Agrees on Fiscal Plan for 2026–2029 Including Corporate Tax Rate Reduction, Extended Loss Carryforward, and Other Measures

25 April 2025

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Proposed Changes

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Finland

Finland's Ministry of Finance has announced that the Government has agreed on the General Government Fiscal Plan for 2026–2029. Among other things, some of the main tax measures include the following: The corporate tax rate will be lowered by two percentage points to 18%; The right to carry forward corporate losses will be extended to 25 years, starting from confirmed losses in the 2026 tax year; Support for large-scale investments in the clean transition will continue through a tax credit; The highest marginal tax rates for earned income will be reduced to 52%; The withholding tax on key personnel at...