BLOG 25.6.2020

Overhaul of international corporate taxation: A Finnish perspective

Overhaul of international corporate taxation: A Finnish perspective

International corporate taxation is in need of an overhaul but none of the reform proposals made so far provides an entirely satisfactory solution to the problem. The Common Consolidated Corporate Tax Base (CCCTB) proposed by the European Union would change the fundamentals of the international tax system and limit profit shifting. At the same time, it would probably also reduce Finland’s corporate tax revenue. A combination of different corporate tax reforms is unlikely to result in a workable package.

BLOG 2.6.2020

EU is dreaming of a green future but has little to show by way of cleantech innovations – which path will Finland take?

EU is dreaming of a green future but has little to show by way of cleantech innovations – which path will Finland take?

The European Commission presented the European Green Deal in December last year. The programme was also discussed in the Finnish Parliament just before the outbreak of the coronavirus pandemic. As the EU is planning pandemic rescue packages, it is worth recalling the Sustainable Europe investment programme envisaged in support of the European Green Deal. Investments totalling at least EUR 1,000 billion were planned for the period 2021–2027 and half of this sum would have been financed from the EU budget.