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Changes to the Finnish CFC Regime: What Were the Effects?*

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Listed:
  • Tokola Antti

    (Senior Inspector, Grey Economy Information Unit, Master of Administrative Sciences, Doctoral Candidate, Faculty of Law, University of Helsinki, Helsinki, Finland)

Abstract

This article examines whether the Finnish controlled foreign corporation (CFC) regime fulfills its aim to effectively prevent the shifting of profit to foreign low-tax entities and what the effects of the most recent legal amendment were. In addition, the article addresses whether the Finnish CFC regime actualizes the principles of a good tax system.

Suggested Citation

  • Tokola Antti, 2023. "Changes to the Finnish CFC Regime: What Were the Effects?*," Nordic Tax Journal, Sciendo, vol. 2023(1), pages 22-49, December.
    • Handle: RePEc:vrs:notajo:v:2023:y:2023:i:1:p:22-49:n:1
    DOI: 10.2478/ntaxj-2022-0010
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    References listed on IDEAS

    as
    1. Martin Ruf & Alfons J. Weichenrieder, 2012. "The taxation of passive foreign investment: lessons from German experience," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 45(4), pages 1504-1528, November.
    2. Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production: I--Production Efficiency," American Economic Review, American Economic Association, vol. 61(1), pages 8-27, March.
    3. Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production II: Tax Rules," American Economic Review, American Economic Association, vol. 61(3), pages 261-278, June.
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