20 August 2018 Finland issues draft bill for public consultation regarding changes to CFC rules The Finnish Ministry of Finance issued a draft bill and a request for comments regarding proposed amendments to the Finnish controlled foreign company (CFC) rules on August 6. The draft bill was prepared to implement the European Union Anti-Tax Avoidance Directive (the ATAD) CFC provisions. According to the draft bill, the new rules would enter into force as of January 1, 2019 and would be applied for the first time for the 2019 tax assessment. Document ID: 2018-1661 |