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Government reaches consensus over Budget for 2013

14 October 2012

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Proposed Changes

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Finland

On 30 August 2012, the Government announced that it has reached consensus over the Budget for 2013. The details of the relevant law proposals are scheduled to be announced and presented to the Parliament on 17 September 2012. The tax measures are summarized below. Corporate taxation -   Introducing a tax incentive for R&D costs. -   Doubling the depreciation rates for some industrial investments. -   Introducing a general limitation on the deductibility of interest expenses. -   Introducing a special deduction for training and education costs.