Finland Seeks Comments on Its Global Minimum Tax Adoption

The Finnish government opened a consultation Monday seeking feedback on amendments to its global minimum tax law.

Finland’s Ministry of Finance said while there are no changes to the “current principles” or scope of the law, it would provide taxpayers with a simplified method to calculate its global minimum tax liability.

The tax, also known as Pillar Two of the OECD-led international tax pact, seeks to impose a rate of at least 15% on multinational companies in every country where they operate. This year, the Pillar Two rules took effect in about three dozen countries including almost all of ...