Finland: interest from Finnish banks bears a final tax of 30%
Interest on deposits in Finnish banks and on bonds of Finland, the Bank of Finland, municipalities and Finnish public issues bears a final withholding tax of 30% and is not part of capital income. Foreign deposits and bonds are taxed as capital income: 30% up to EUR 30,000, 34% above. The rule is not new.
What this changes in the calculation
Deposit, government bonds, corporate bonds were 30 to 34%, become 30%; fund 30 to 34% matches.
- Source
- vero.fi
- Status
- verified
- Published