Latest Treaty Updates: Finland


Treaty Update: Finland - Turkmenistan

20/2/2017

A DTA between Finland and Turkmenistan entered into force on February 10, 2017.


Treaty Update: Finland - Portugal

16/11/2016

Portugal and Finland signed a DTA on November 7.


Treaty Update: Finland - Spain

25/10/2016

The introduction of a new double tax avoidance treaty between Finland and Spain will be delayed by at least one year, it was announced on October 7.


Treaty Update: Uzbekistan - Finland

19/5/2016

Uzbekistan on May 16, 2016, confirmed that it has ratified the Protocol signed with Finland to amend their double tax agreement.


Treaty Update: Finland - Uzbekistan

16/3/2016

Finland and Uzbekistan signed a DTA Protocol on March 8, 2016.


Treaty Update: Finland - Germany

24/2/2016

Finland and Germany signed a DTA on February 19, 2016.


Treaty Update: Spain - Finland

22/12/2015

Spain and Finland signed a DTA on December 15, 2015.


Treaty Update: Finland - Belgium

22/7/2014

The Finnish Ministry of Finance confirmed the entry into force on June 13, 2014, of the DTA Protocol signed with Belgium.


Treaty Update: Finland - Panama

13/1/2014

According to preliminary media reports, the TIEA signed between Finland and Panama entered into force on December 20, 2013.


Treaty Update: Belgium - Finland

19/8/2013

The DTA Protocol signed between Belgium and Finland in 2009 entered into force on July 18, 2013.


Treaty Update: Tajikistan - Finland

29/5/2013

Tajikistan's lower house of parliament on May 22, 2013, approved a Protocol to amend the nation's DTA with Finland.


Treaty Update: Finland - Various

21/3/2013

According to preliminary media reports, Finland ratified its DTAs with Cyprus and Tajikistan on March 15, 2013.


Treaty Update: Uruguay - Finland

5/2/2013

The DTA and an accompanying Protocol signed between Finland and Uruguay in December 2011 will enter into force on February 6, 2013.


Treaty Update: Seychelles - Finland

21/11/2012

According to preliminary media reports, the TIEA signed between Finland and the Seychelles on March 30, 2011, is to enter into force on November 22, 2012.


Treaty Update: Cyprus - Finland

20/11/2012

The Cypriot Embassy in Copenhagen announced on November 16 that Cyprus and Finland signed a DTA on November 15, 2012.


Treaty Update: Finland - Brunei

8/11/2012

The Finnish government on November 2, 2012, ratified the pending TIEA the territory signed with Brunei.


Treaty Update: Tajikistan - Finland

26/10/2012

After a series of high level discussions between the two governments, Tajikistan and Finland signed a DTA on October 24, 2012.


Treaty Update: Finland - Uruguay

27/7/2012

Finland's President on July 20, 2012, endorsed law HE 40/2012, which would implement the DTA Protocol concluded between Finland and Uruguay on December 13, 2011.


Treaty Update: Finland - Guatemala

27/7/2012

Finland's President on June 20, 2012, endorsed law HE 51/2012, which would implement the TIEA signed between Finland and Guatamela on May 15, 2012.


Treaty Update: Finland - Sri Lanka

19/7/2012

Sri Lanka's Ministry for Economic Development on July 17, 2012, announced that it has agreed to begin negotiations towards a revised double tax agreement with Finland in September 2012.


Treaty Update: Finland - Various

18/7/2012

According to preliminary media reports, the TIEAs Finland signed with Bahrain and Mauritius entered into force on July 11, 2012, and July 6, 2012, respectively.


Treaty Update: Finland - Mauritius

15/5/2012

According to preliminary media reports, on May 11, 2012, Finland's parliament ratified the pending TIEA the signed with Mauritius.


Treaty Update: Uruguay - Finland

16/3/2012

According to preliminary media reports, the government of Uruguay on March 9, 2012, approved a law that would ratify the pending DTA between Uruguay and Finland, and forwarded it to parliament for ratification.


Treaty Update: Finland - Macau

6/1/2012

According to preliminary media reports, the TIEA signed between Finland and Macau entered into force on December 9, 2011.


Treaty Update: Turkey - Finland

22/12/2011

According to preliminary media reports, Turkey's President Abdullah Gul ratified the pending DTA and accompanying Protocol between Turkey and Finland on December 14, 2011.


Treaty Update: Finland - Various

8/11/2011

According to preliminary media reports, on November 4 Finland ratified three TIEAs signed with Costa Rica, Macao, and the Seychelles.


Treaty Update: Saint Kitts and Nevis - Finland

21/10/2011

According to preliminary media reports, the TIEA between Finland and Saint Kitts and Nevis entered into force on October 21, 2011.


Treaty Update: Austria - Finland

18/10/2011

According to preliminary media reports, a Protocol to amend the existing DTA between Austria and Finland will enter into force from December 1, 2011, and apply for tax years beginning on or after January 1, 2012.


Treaty Update: Finland - Austria

4/10/2011

According to preliminary media reports, the Finnish parliament ratified an amending Protocol to the DTA between Austria and Finland on September 30, 2011.


Treaty Update: Finland - Hong Kong

23/9/2011

A second round of negotiations towards a DTA between Finland and Hong Kong was held on September 20-22, 2011, according to information published on the Hong Kong tax authority's website.


Treaty Update: Belgium - Finland

19/7/2011

According to preliminary media reports, the Belgian parliament ratified a Protocol to the DTA with Finland on July 7, 2011.


Treaty Update: Costa Rica - Finland

5/7/2011

An OECD-model TIEA was signed between Costa Rica and Finland on June 29, 2011, Norden has confirmed.


Treaty Update: Barbados - Finland

5/7/2011

According to Invest Barbados, Barbados has initialled a protocol to its existing tax treaty with Finland.


Treaty Update: Chile - Finland

5/7/2011

According to Chile's Foreign Ministry, on a working visit to Finland on June 29, ministers agreed to finalise negotiations on a DTA as soon as possible.


Treaty Update: Austria - Finland

2/6/2011

The DTA updates the exchange of information article to bring it into line with current OECD standards.


Treaty Update: The Seychelles - Finland

1/6/2011

The TIEA covers taxes of every kind, and provides for the exchange of information relevant to the determination, assessment and collection of taxes, the recovery and enforcement of tax claims, and the investigation/prosecution of tax matters. The TIEA also provides for the exchange of information held by banks and other financial institutions, and information regarding the ownership of companies, partnerships, trusts and foundations.


Treaty Update: Macao - Finland

1/6/2011

The TIEA covers taxes of every kind, and provides for the exchange of information relevant to the determination, assessment and collection of taxes, the recovery and enforcement of tax claims, and the investigation/prosecution of tax matters. The TIEA also provides for the exchange of information held by banks and other financial institutions, and information regarding the ownership of companies, partnerships, trusts and foundations.




Treaty Updates by Territory


Latest News


New Finland-Spain Tax Treaty Postponed 13/10/2016
The introduction of a new double tax avoidance treaty between Finland and Spain will be delayed by at least one year due to the ongoing political stalemate in Spain.

Read full story


Finland, Portugal Agree On Pension Taxation 28/4/2016
The Portuguese government has finally agreed to sign an amended tax treaty with Finland that will allow the latter country to tax the pension income of retired Finns living in Portugal, concluding many years of negotiations on the matter.

Read full story


UAE Expands Tax Treaty Network 14/4/2016
The United Arab Emirates signed an agreement with the United Kingdom on the avoidance of double taxation on April 12, 2016.

Read full story


Finland, Chile Sign US FATCA Pacts 12/3/2014
On March 5, 2014, the United States signed intergovernmental agreements with Finland and Chile to implement the Foreign Account Tax Compliance Act, bringing the total of such agreements that have been signed to 24.

Read full story


Liechtenstein's Nordic TIEAs Enter Into Force 30/3/2012
The Liechtenstein government has recently announced that the bilateral tax information exchange agreements (TIEAs) concluded with Norway, Finland, Iceland, Greenland and the Faroe Islands are due to enter into force shortly, following ratification of the treaties by the relevant contracting parties.

Read full story


The Seychelles Adds Guernsey TIEA 3/1/2012
The Seychelles has noted the signing of a Tax Information Exchange Agreement with Guernsey as a significant step in boosting bilateral relations between the two territories.

Read full story


Luxembourg Strengthens Economic Ties With Russia, Finland 1/11/2011
Luxembourg’s Deputy Prime Minister and Foreign Affairs Minister Jean Asselborn recently carried out official visits to Russia and to Finland to strengthen economic ties in both countries.

Read full story


Latin American States Expand Treaty Networks 5/7/2011
Panama and Costa Rica have expanded their tax treaty networks, with the former signing a new double tax agreement, and the latter inking seven tax information exchange agreements.

Read full story


Barbados Initials Nordic Treaties 4/7/2011
Barbados has initialled tax information exchange agreements with three Nordic territories, initialled a tax treaty with Iceland, and added protocols to three existing tax treaties.

Read full story


Switzerland Seeks To Amend DTAs 11/4/2011
The Swiss Federal Council has recently requested authorization from the National Council and the Council of States to amend certain double taxation agreements, already approved by parliament, to ensure that they are in line with internationally applicable standards on administrative assistance in tax matters.

Read full story


Austria, Finland Sign Revised DTA 11/3/2011
Austria’s Finance Minister Josef Pröll and his Finnish counterpart Jyrki Katainen have recently signed a revised bilateral double taxation agreement, providing for information exchange in tax matters in accordance with the Organization for Economic Cooperation and Development’s model convention.

Read full story


EU Launches Multi-Year Review Of Cross-Border Taxation 23/12/2010
The European Commission has published a Consultation, which marks the commencement of a comprehensive multi-year review of the major cross-border issues faced by EU citizens, and proposes solutions for them.

Read full story


Liechtenstein Concludes Multiple TIEAs 17/12/2010
Liechtenstein’s government has recently approved tax agreements in accordance with the Organization for Economic Cooperation and Development’s model convention with the Nordic States: Norway, Sweden, Finland, Denmark, Iceland, the Faroe Islands, and Greenland.

Read full story


Hong Kong Property Taxes Reviewed 16/3/2010
Hong Kong’s Financial Secretary, John C Tsang, made the traditional post-budget speech at the Joint Business Community Luncheon on March 12 and, in particular, reviewed the tax measures taken to increase the transaction cost of property speculation so as to reduce the risk of a property bubble being created.

Read full story


NZ Emissions 'Tax' Attacked 15/3/2010
The ACT New Zealand Party, a member of the country’s present coalition government, has continued its opposition to New Zealand’s new carbon emissions trading scheme, calling it a tax that will increase inflation in the economy.

Read full story


Orascom Loses Algerian Tax Appeal 12/3/2010
Egyptian telecom company, Orascom Telecom, has announced that its Algerian subsidiary, Orascom Telecom Algérie, has received a rejection to its appeal, made in December last year, against the notice for taxes and penalties it had received from the Algerian tax authorities the month previously.

Read full story


Switzerland, Slovakia Initial Revised DTA 12/3/2010
It has recently emerged that Switzerland and Slovakia have initialled a revised bilateral double taxation agreement, containing the Organization for Economic Cooperation and Development’s standard on tax information exchange.

Read full story


UK Budget To Hit The Rich 12/3/2010
Wealthy individuals may have less than two weeks to put plans in place to reduce the tax impact of the Chancellor’s pre-election Budget, warns PKF Accountants and business advisers.

Read full story


Jersey Riding Out Onshore Storm 15/3/2010
Jersey will overcome the evolving challenges being faced by offshore international financial centres, Geoff Cook, Chief Executive of Jersey Finance, told participants at a Breakfast Briefing in London.

Read full story


Germany Approves Liechtenstein TIEA 15/3/2010
Germany’s Cabinet has recently approved a bill pertaining to the bilateral tax information exchange agreement with Liechtenstein.

Read full story


UAE Completes VAT Study 12/3/2010
Authorities in the United Arab Emirates are inching closer to the introduction of a value-added tax.

Read full story


OECD Urges Fiscal Policy Shift 12/3/2010
Governments must now gear their economies towards jobs, international competitiveness and increasing the tax-take, the Organization for Economic Cooperation and Development has said in its latest ‘Going for Growth’ report, analyzing the next step for recovering economies.

Read full story


BVI To Review Taxes And Fees 15/3/2010
British Virgin Islands Prime Minister, Ralph O’Neal has said that the territory will run a budget surplus during 2010, although the government still intends to review indirect taxes and fees on financial services.

Read full story


Malaysia Not Cancelling GST 12/3/2010
After a government meeting, Malaysia’s Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, has rejected any suggestion that the proposed introduction of a goods and services tax has been cancelled.

Read full story


Australia Promised Full Debate On Tax Review 15/3/2010
Following indications that the Australian government was thinking of a delay to the release of the Henry tax review, the Treasurer, Wayne Swan, has now confirmed that it will be issued in good time for a full debate on any proposed tax changes.

Read full story