The Resource Tax deductibility of interest expenses limited in Finland

Tax deductibility of interest expenses limited in Finland

Label
Tax deductibility of interest expenses limited in Finland
Title
Tax deductibility of interest expenses limited in Finland
Creator
Subject
Language
  • eng
  • eng
Summary
The Finnish government has proposed legislation to limit the deductibility of interest expenses. This article examines the proposals and considers the implications for businesses. It looks at (I) the purpose of the proposal, (II) when the new legislation will enter into force and what entities will be affected, (III) scope of application - real estate companies to be excluded, (IV) calculation of non-deductible interest expenses, (V) applicability to related-party financing, (VI) equity to balance sheet ratio, (VII) how non-deductible interest expenses can be utilised in the future, (VIII) effect as a result of reorganisations, (IX) attention to business reasons and fair market value of financing provisions and (X) steps to be taken
Citation source
In: Tax planning international review. - London. - Vol. 39 (2012),
http://library.link/vocab/creatorName
  • Laaksonen, S
  • Vanhala, A
Geographic coverage
  • Europe
  • European Union
Language note
English
http://library.link/vocab/subjectName
  • interest deduction
  • intercompany loan
Label
Tax deductibility of interest expenses limited in Finland
Link
https://library.ibfd.org/custom/web/SD_PDF/scans/2012/T/TPIR/vol.39/12_13-15.zip
Publication
Note
20130311

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
Processing Feedback ...