Market Taxation Guide – Investment Funds – Finland
This Market Taxation Guide (Finland) provides the following details:
- Reference information about all taxes applied at source, through CBL and its local depositories, to investment funds deposited in CBL;
- Instructions for obtaining relief at source or a refund of withholding tax, where these are available, through CBL.
New and improved tax information and procedures that become available will be included on an ongoing basis.
Important note:
This Market Taxation Guide (including any attachments and other links) is for informational purposes only and is not intended and should not be considered as legal advice on any subject matter. Readers of this Market Taxation Guide, whether customers or otherwise, should not act or should refrain from acting on the basis of any information included in this Market Taxation Guide without seeking appropriate legal or other professional advice.
CBL does not provide tax relief at source, or quick or standard refund services for the Finland fund market. Customers are advised to consult with their tax advisor for all tax related matters.
Holding Restrictions
Refer to Holding Restrictions – Investment Funds – Finland.
Withholding tax
According to Finnish domestic tax legislation, distributions from UCITs and special investment funds are subject to withholding tax of 20% for corporate entities and 30% for individual taxpayers. Withholding tax relief may be available for certain unit holders, provided relevant conditions are met. CBL does not provide assistance in this regard. Please consult your tax advisor for further information.
Capital gains tax
No capital gains tax should apply through CBL on investment fund units held in CBL. Please consult your tax advisor for further information.