Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
FINLAND PLANS TO cut its corporate tax from 24.5 to 20 per cent, following in the footsteps of neighbouring Denmark and Sweden, Prime Minister Jyrki Katainen has announced.
The government said the tax cut would be partially financed by higher taxes on stock dividends, alcohol, tobacco and sweets, as well as a reduction of business subsidies.
The tax cut was announced at a press conference at which Katainen also disclosed measures aimed at reducing Finland’s budget deficit.
Sweden cut its corporate tax from 26.3 to 22 per cent on 1 January, while Denmark last month presented a growth package calling for a progressive reduction in corporate tax from 25 to 22 per cent.
The Finnish government’s plan deficit cutting plan calls for savings of €600 million, half of which will be spending cuts and half of which will be financed by the higher taxes.
Finance Minister Jutta Urpilainen insisted that the cuts would not hurt the country’s generous welfare state.
“Social security will not be impaired,” she said.
Finland’s broad coalition government, in power since 2011, already introduced a five-billion-euro savings plan in 2011 and 2012.
In December, the government said it expected a budget deficit of 1.5 per cent of gross domestic product in 2013, and said it aimed to put an end to rising public debt in 2014.
The Nordic country, the only member of the eurozone to hold a triple-A credit rating with a “stable” outlook at all three international credit rating agencies, saw its economy shrink by 0.2 per cent in 2012.
To embed this post, copy the code below on your site
All the focus on Syria has distracted people from the fact that IS is now in Tunisia, Libya, Sinai in Egypt, Afghanistan, Bangladesh, Indonesia, Malaysia and the Philippines. Stopping them is like playing whack-a-mole.
May I know where did Bangladesh come from and what do you know about this country? Have you ever been there or any other Asian country?
I was going to answer your first question but then you added two such stupid questions that it’s clear you’re not interested in the answer. Presumably your agenda is something along the lines of ‘only people who pass my test of knowledge of X country may comment on anything to do with it.’ Yawn.
You are one of those living in a small country like Ireland and never been outside of your town. You can keep your answer to yourself, because I know you know nothing pathatic lonely guy.
They really do hate their own more than us.
No they don’t.
“their own”, you are saying!? do you even know what you are talking about?
Religion of Peace at it again.
Against other Muslims, showing yet again that tarring all muslims with the same brush is thick
In their eyes they’re not Muslims. They’re something worse. Apostates. Fit for slaughter and subjugation.
Budget Travel are doing cheap deals, for summer breaks in Tunisia.
Sun, sand, sea, and slaughter.
Couldnt visit a nicer country and people, its a shame to see it degenerating in front of our eyes
Assumed it would be the Mormons causing trouble again till I saw the word jihad. If not for the constant reassurances that this sort of behaviour has nothing to do with Islam from NGOs and the like I might be led to believe that this carnage is fuelled by Muslim beliefs, in the manner those who keep conducting these attacks repeatedly tell us.
Islam was never a religion of peace. Islam is a religion of fighting. No one should believe that the war that we are raging is the war of the islamic state, it is a war of all Muslims, but the Islamic state is spearheading it. ——-Abu Bakr Al-Baghdadi, leader of ISIS, May 2104.
Kill the lot of them Jihadis..trying to turn Tunisia into a s*ithole just like Libya has been under their control.
Take note minister of justice…this is how its done,train,equip,arm and preposition elite units KNOWING they are coming and not whinging afterwards that they didnt give your commissioner “intelligence” in advance.
I blame SF for this.
Don’t be silly, maybe in Colombia or Spain
Can’t we all be friend s?
Tunisia..instead of hiding behind budget constraints,triple lock mechanisms,”smart policing”,political correctness dug almost 200k of real border and supplied their police and army with modern weaponry…thus,they won this one.feel stupid now francis??
The British, Americans and French just could nt wait to overthrow Gaddafi, now they have created a new base for the jihadists even closer to home.
Gaddafi could see it coming and they mocked and laughed at him…
have your say