The Finnish parliament has approved amendments to the Minimum Tax Act. As previously reported, the Minimum Tax Act was approved at the end of 2023 for the implementation of the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022. Amendments are made to the Act for the incorporation of the latest OECD administrative guidance on the Pillar 2 rules, including amendments to clarify certain aspects of the law, simplify the method for calculating the minimum tax, implement the transitional UTPR safe harbor, and others. The amendments apply to financial years beginning on or...