On 29 January 2014, the tax administration issued guidance (No. A86/200/2013) regarding the tax liability of a non-resident entity for its activities in Finland (the Guidance). The Guidance in essence reinstates the basic principles that: - companies are considered to be non-residents if they are not established in accordance with Finnish law and not registered in the trade register in Finland; and - if a non-resident entity carries out business activities in Finland through a permanent establishment (PE), it is taxed only on income attributable to such PE. Furthermore, the Guidance states that: - the PE definition in the Finnish...