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Finland Tax News 2008

Finland Tax Rates 2008
January 2008
Finland's corporate tax rate in 2008 is 26%, same as in 2007.
Personal income tax rates for 2008 are 8.5%-31.5%. Municipal tax rates are 16%-21%, church tax rates are 1%-2.25%.
The V.A.T rate for 2008 is 22%, same as in 2007.


Finland Taxes 2007
January 2007
From 1.1.2007 there are slight changes in Finland's personal income tax rates.
The top national income tax rates are 24% and 32%, compared to previous rates of 25% and 32.5%.
There are also slight changes in the personal income tax brackets.


Finland Taxes 2006
January 2006
From 1.1.2006 Finland has new individual income tax rates of 9%-32.5% (2005 rates, 10.5%-33.5%).
From 1.1.2006 the wealth tax is abolished.


Finland Income Tax 2005
January 2005
From 1.1.2005 the new Finland corporate tax rate is 26% (previous rate-29%).
From that date, the tax rate for income from capital, capital gains, rental etc. Is 28% (previous rate-29%).
The imputation credit system for dividends was abolished.


Finland Income Tax
November 2003
The government announced that corporate tax rate will go down to 26%.
capital gain tax to 28%.
The changes are due on 1.1.05.





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