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Cautiously optimistic outlook for Finnish debt market

  • Castrén & Snellman
  • -
  • Finland
  • -
  • March 28 2013

This newsletter offers a brief overview of how we expect the Finnish debt market to develop in 2013. Various economists from a broad range of

Changes in Finnish taxation: corporate income tax lowered, major changes to taxation of dividends

  • Castrén & Snellman
  • -
  • Finland
  • -
  • March 26 2013

The Finnish government has agreed on spending limits for the years 20142017. The corporate income tax rate will be cut from 24.5 to 20. The new tax

Finnish Act on Payment Terms in Commercial Contracts enters into force

  • Castrén & Snellman
  • -
  • Finland
  • -
  • March 18 2013

The European Parliament and the Council adopted Directive 20117EU on combating late payment in commercial transactions in 2011. The directive aims

Does crowdfunding also work in Finland?

  • Castrén & Snellman
  • -
  • Finland
  • -
  • March 14 2013

Having provoked much discussion and produced some wild success stories in other parts of the world, crowdfunding is now coming rapidly ashore as a new

Asset transfer tax to increase and tax base to expand on 1 March 2013

  • Castrén & Snellman
  • -
  • Finland
  • -
  • February 26 2013

An act amending the asset transfer tax was signed on 28 December 2012, with the following effects entering into force on 1 March 2013. Asset Transfer

Do retention of title clauses protect the seller in bankruptcies?

  • Castrén & Snellman
  • -
  • Finland
  • -
  • February 6 2013

Retention of title clauses are clauses by which the title to property to be sold is retained by the seller until the purchase price has been paid in

The Environmental Protection Act is being reformed

  • Castrén & Snellman
  • -
  • Finland
  • -
  • February 5 2013

An overhaul of the Environmental Protection Act is under way. The preparatory work began in the Ministry of the Environment in late 2011. The draft

Tax amendments in 2013 focusing on tighter taxation and company subsidies

  • Castrén & Snellman
  • -
  • Finland
  • -
  • January 30 2013

The main trend in the tax amendments that entered into force in the beginning of 2013 is the tightening of taxation. The amendments also include

Government bill on deductibility of interest expenses submitted to Parliament

  • Castrén & Snellman
  • -
  • Finland
  • -
  • November 28 2012

The Ministry of Finance submitted a bill on limiting the tax deductibility of interest expenses to Parliament on 1 November 2012

EU sets new restrictions on short selling

  • Castrén & Snellman
  • -
  • European Union, Finland
  • -
  • November 2 2012

An EU Regulation on short selling entered into force on 1 November 2012, so that all EU countries will in the future have uniform provisions on short selling and notification of short positions in a share issued by a company or in a debt instrument issued by a sovereign issuer

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