List of published territories Albania$$$Algeria$$$Angola$$$Argentina$$$Armenia$$$Australia$$$Austria$$$Azerbaijan$$$Bahrain$$$Barbados$$$Belarus$$$Belgium$$$Bermuda$$$Bolivia$$$Bosnia and Herzegovina$$$Botswana$$$Brazil$$$Bulgaria$$$Cabo Verde$$$Cambodia$$$Cameroon, Republic of$$$Canada$$$Cayman Islands$$$Chad$$$Chile$$$China, People's Republic of$$$Colombia$$$Congo, Democratic Republic of the$$$Congo, Republic of$$$Costa Rica$$$Croatia$$$Cyprus$$$Czech Republic$$$Denmark$$$Dominican Republic$$$Ecuador$$$Egypt$$$El Salvador$$$Equatorial Guinea$$$Estonia$$$Fiji$$$Finland$$$France$$$Gabon$$$Georgia$$$Germany$$$Ghana$$$Gibraltar$$$Greece$$$Greenland$$$Guatemala$$$Guernsey, Channel Islands$$$Guyana$$$Honduras$$$Hong Kong$$$Hungary$$$Iceland$$$India$$$Indonesia$$$Iraq$$$Ireland$$$Isle of Man$$$Israel$$$Italy$$$Ivory Coast (Côte d'Ivoire)$$$Jamaica$$$Japan$$$Jersey, Channel Islands$$$Jordan$$$Kazakhstan$$$Kenya$$$Korea, Republic of$$$Kosovo$$$Kuwait$$$Kyrgyzstan$$$Lao PDR$$$Latvia$$$Lebanon$$$Libya$$$Liechtenstein$$$Lithuania$$$Luxembourg$$$Macau$$$Macedonia$$$Madagascar$$$Malawi$$$Malaysia$$$Malta$$$Mauritius$$$Mexico$$$Moldova$$$Mongolia$$$Montenegro$$$Morocco$$$Mozambique$$$Myanmar$$$Namibia, Republic of$$$Netherlands$$$New Zealand$$$Nicaragua$$$Nigeria$$$Norway$$$Oman$$$Pakistan$$$Panama$$$Papua New Guinea$$$Paraguay$$$Peru$$$Philippines$$$Poland$$$Portugal$$$Puerto Rico$$$Qatar$$$Romania$$$Russian Federation$$$Rwanda$$$Saint Lucia$$$Saudi Arabia$$$Senegal$$$Serbia$$$Singapore$$$Slovak Republic$$$Slovenia$$$South Africa$$$Spain$$$Sri Lanka$$$Swaziland$$$Sweden$$$Switzerland$$$Taiwan$$$Tajikistan$$$Tanzania$$$Thailand$$$Timor-Leste$$$Trinidad and Tobago$$$Tunisia$$$Turkey$$$Turkmenistan$$$Turks and Caicos Islands$$$Uganda$$$Ukraine$$$United Arab Emirates$$$United Kingdom$$$United States$$$Uruguay$$$Uzbekistan, Republic of$$$Venezuela$$$Vietnam$$$Zambia$$$Zimbabwe JDCN-89JRLJ$$$JDCN-9L9ER3$$$JDCN-89HREB$$$JDCN-89HRGN$$$JDCN-89HRHB$$$JDCN-89HRJM$$$JDCN-89HRKA$$$JDCN-89HRKX$$$JDCN-89HRLL$$$JDCN-89HRM9$$$JDCN-89HRMW$$$JDCN-89HRNK$$$JDCN-89HRP8$$$JDCN-89HRPV$$$JDCN-89HRQJ$$$JDCN-89HRR7$$$JDCN-89HRRU$$$JDCN-89HRSH$$$JDCN-89HRV5$$$JDCN-89HRT6$$$JDCN-89HRTT$$$JDCN-89HRUG$$$JDCN-89HRVS$$$JDCN-89HRWF$$$JDCN-89HRYE$$$JDCN-89HRZ3$$$JDCN-89HRZQ$$$JDCN-89HS2D$$$JDCN-89HS32$$$JDCN-89HS3P$$$JDCN-89PKJ7$$$JDCN-89HS5N$$$JDCN-89HS6B$$$JDCN-89HS6Y$$$JDCN-89HS7M$$$JDCN-89HS8A$$$JDCN-89HS8X$$$JDCN-89HS9L$$$JDCN-89HSA9$$$JDCN-89HSAW$$$JDCN-89HSBK$$$JDCN-89HSC8$$$JDCN-89HSCV$$$JDCN-89HSDJ$$$JDCN-89HSE7$$$JDCN-89HSEU$$$JDCN-89HSFH$$$JDCN-89HSG6$$$JDCN-89HSGT$$$JDCN-9LFTHK$$$JDCN-89HSHG$$$JDCN-89HRX4$$$JDCN-8UENHH$$$JDCN-89HSJ5$$$JDCN-89HSJS$$$JDCN-89HSKF$$$JDCN-8HLNAZ$$$JDCN-89HSL4$$$JDCN-89HSLR$$$JDCN-89HSME$$$JDCN-89HSN3$$$JDCN-89HSNQ$$$JDCN-89HSPD$$$JDCN-89HSQ2$$$JDCN-89HSQP$$$JDCN-89HSRC$$$JDCN-89HSRZ$$$JDCN-89HRXR$$$JDCN-89HSSN$$$JDCN-89HSTB$$$JDCN-89HSTY$$$JDCN-89HSUM$$$JDCN-AN9ENE$$$JDCN-89HSVA$$$JDCN-89HSVX$$$JDCN-8EGQEM$$$JDCN-89HSWL$$$JDCN-89HSX9$$$JDCN-89HSXW$$$JDCN-89HSYK$$$JDCN-89HSZ8$$$JDCN-89HSZV$$$JDCN-89HT2J$$$JDCN-89HT38$$$JDCN-89HT3V$$$JDCN-89HT4J$$$UKWE-8CEb2F$$$JDCN-89HT5U$$$JDCN-89HT6H$$$JDCN-89HT77$$$JDCN-89HT7U$$$JDCN-89HT8H$$$JDCN-89HT96$$$JDCN-8HLRL5$$$JDCN-89HT9T$$$JDCN-97XLRC$$$JDCN-89HTAG$$$JDCN-89HTB5$$$JDCN-89HTCF$$$JDCN-89HTD4$$$JDCN-89HTDR$$$JDCN-89HTEE$$$JDCN-89HTF3$$$JDCN-89HTFR$$$JDCN-89HTGE$$$JDCN-89HTH3$$$JDCN-89HTHQ$$$JDCN-89HTJD$$$JDCN-89HTK2$$$JDCN-89HTKP$$$JDCN-89HTLC$$$JDCN-89HTLZ$$$JDCN-89HTMN$$$JDCN-89HTNB$$$JDCN-89HTNY$$$JDCN-8UPFL5$$$JDCN-89HTW7$$$JDCN-89HTPM$$$JDCN-89HTQA$$$JDCN-89HTQX$$$JDCN-89HTRL$$$JDCN-89HTS9$$$JDCN-89HTSW$$$JDCN-89HTTK$$$UKWE-8CDMS7$$$JDCN-89HTUV$$$JDCN-89HTWU$$$JDCN-89HTXH$$$JDCN-89HTY6$$$JDCN-89HTZG$$$JDCN-89HU25$$$JDCN-89HU2S$$$JDCN-89HU3F$$$JDCN-8VDJC3$$$JDCN-89HU44$$$JDCN-8V8FQH$$$JDCN-89HU4R$$$JDCN-89HU5E$$$JDCN-B82GFQ$$$JDCN-89HU63$$$JDCN-89HU6Q$$$JDCN-89HU7D$$$JDCN-89HU82$$$JDCN-89HU8P$$$JDCN-89HU9C$$$JDCN-89HU9Z$$$JDCN-89HUAN$$$JDCN-89HUBB$$$JDCN-9LFTHP$$$JDCN-89HUBY Herzegovina$$$Cape Verde$$$Republic of Cameroon$$$People's Republic of China$$$Peoples Republic of China$$$Democratic Republic of the Congo$$$DRC$$$Republic of Congo$$$Channel Islands$$$Channel Islands$$$South Korea$$$Republic of Korea$$$Laos$$$Republic of Lebanon$$$The Netherlands$$$PNG$$$Russia$$$St. Lucia$$$St Lucia$$$Slovakia$$$SA$$$Tobago$$$Republic of Turkey$$$Turks$$$Caicos$$$UAE$$$Great Britain$$$UK$$$Britain$$$Whales$$$Northern Ireland$$$England$$$US$$$U.S.$$$U.S.A.$$$USA$$$Republic of Uruguay$$$Republic of Uzbekistan$$$Republic of Zambia

Finland Corporate - Withholding taxes

Choose a topic
Finland Map
Country
See full territory list
Close topic

Finnish corporations paying certain types of income are required to apply a 20% or 15% WHT on payments to foreign corporations and a 30% WHT on payments to non-resident individuals or other than corporate entities.

According to domestic legislation, interest paid to a non-resident is usually tax exempt in Finland.

No WHT is levied on dividend payments received by companies resident in the EU/EEA area, which would have been tax-free if paid to a Finnish corporate body, if the WHT cannot be fully credited in the company’s country of residence.

Dividends paid to a company referred to in the EC Parent-Subsidiary Directive, owning at least 10% of the capital of the dividend distributing company, are also tax exempt.

The domestic WHT rate may be 15% (or lower under a relevant tax treaty) in cases where the shares of the distributing company belong to the investment assets of the non-resident beneficiary of dividends and if certain prerequisites are met.

See the table below for WHT rates on dividends and other payments from Finland to non-residents.

For countries not included in the table, the WHT rate is 20% (corporate entity) and 30% (individual or other than corporate entity).

Note that each tax treaty should be studied carefully because there are often exceptions to general rules.

Recipient WHT (%)
Dividend (portfolio)/interest on cooperative capital Dividend (direct investment) * Investment fund profit share Royalties
Argentina 15 10 [25%] 20/30 15 (18)
Armenia 15 5 [25%] 0 10 (6)
Australia 15 5 [10%] (6, 14) 20/30 5 (8)
Austria 10 (2) 0 [10%] (2, 14) 0 5 (15)
Azerbaijan 10 5 [25%] (8) 20/30 5 (4)
Barbados 15 (5) 5 [10%] (14) 20/30 5 (1, 5)
Belarus 15 5 [25%] 0 5
Belgium 15 (2) 5 [25%] (2) 0 5 (1, 15)
Bosnia-Herzegovina 15 5 [25%] 0 10
Brazil (see protocol) 20/30 20/30 20/30 20/30
Bulgaria 10 (2) 10 (2) 0 5 (1, 15)
Canada 15 5 [10%] (14) 20/30 10 (1)
China, People’s Republic of 10 5 [25%] 20/30 10 (9)
Croatia 15 5 [25%] 0 10
Cyprus 15 (2) 5 [10%] (2) 0 0 (15)
Czech Republic 15 (2) 5 [25%] (2) 0 10 (1, 15, 16)
Denmark (including the Faroe Islands) 15 (2) 0 [10%] 0 0
Egypt 10 10 20/30 25
Estonia 15 (2) 5 [25%] (2) 20/30 0
France 0 0 0 0
Georgia 10 0 [50%] (8)/5 [10%] (8) 0 0
Germany 15 (2, 8) 5 [10%] (2, 8) See dividend 0
Great Britain 0 (5) 0 0 (5) 0 (5)
Greece 13 (2) 13 (2) 0 10 (1, 15)
Hungary 15 (2) 5 [25%] (2) 0 5 (1, 15)
Iceland 15 (2) 0 [10%] 0 0
India 10 10 20/30 10
Indonesia 15 10 [25%] 20/30 15 (4)
Ireland, Republic of 0 (5) 0 [10%] (2, 14) 0 (5) 0 (5)
Israel 15 5 [10%] 0 10
Italy 15 (2) 10 [50%] (2) 0 5 (1, 15)
Japan 15 10 [25%] (8) 0 10
Kazakhstan 15 5 [10%] 0 10
Korea, Republic of 15 10 [25%] 0 10
Kyrgyzstan 15 5 [25%] 0 5
Latvia 15 (2) 5 [25%] (2) 20/30 10 (12, 15)
Liechtenstein 20/30 (2, 24) 20/30 (2, 24) 20/30 20/30
Lithuania 15 (2) 5 [25%] (2) 20/30 10 (12, 15)
Luxembourg (10) 15 (2) 5 [25%] (2) 0 5 (1, 15)
Macedonia 15 0 [10%] (14) 0 0
Malaysia 15 5 [10%] 20/30 5
Malta 15 (2) 5 [10%] (2, 14) 0 0
Mexico 0 0 20/30 10
Moldova 15 5 [25%] 0 7 (6)
Morocco 10 7 [25%] 20/30 10
Netherlands 15 (2) 0 [5%] 0 0
New Zealand 15 15 20/30 10
Norway 15 (2) 0 [10%] 0 0
Pakistan 20 (21) 12 [25%] 20/30 10
Philippines 20/30 15 [10%] (14) 20/30 25 (3)
Poland 15 (2) 5 [25%] 0 5 (15)
Portugal 15 (2) 10 [25%] (2) 0 10 (15)
Romania 5 (2) 5 (2) 0 5 (15, 19)
Russia 12 5 [30%] (7) 0 0
Serbia and Montenegro 15 5 [25%] 0 10
Singapore 10 5 [10%] (14) 20/30 5
Slovak Republic 15 (2) 5 [25%] (2) 0 10 (1, 15, 16)
Slovenia 15 (2) 5 [25%] (2) 0 5 (15)
South Africa 15 5 [10%] 0 0
Spain 15 (2) 10 [25%] (2) 0 5 (15)
Sri Lanka 15 15 0 10
Sweden 15 (2) 0 [10%] 0 0
Switzerland 10 0 [10%] 0 0
Tajikistan 15 5 [25%] 0 5
Tanzania 20 20 0 20
Thailand 20/30 20 [25%] (13) 20/30 15
Turkey 15 5 [25%] 20/30 10
Turkmenistan 15 5 [25%] (8) 0 10
Ukraine 15 5 [20%] 0 10 (17)
United Arab Emirates 20/30 (23) 20/30 (23) 20/30 (23) 20/30 (23)
United States 15 (22) 5 [10%] (14, 22) 0 0
Uruguay 15 5 [25%] 0 10 (20)
Uzbekistan 15 5 [10%] (14) 0 10 (6)
Vietnam 15 5 [70%]/10 [25%] 20/30 10
Zambia 15 5 [25%] 20/30 15 (1, 11)

Notes

* The recipient is a company whose share in the company making the payment is at least the percentage indicated in brackets.

  1. Tax is not levied on literary, scientific, or artistic royalties (for film royalties see text of treaty).
  2. If corporate entity, then:
    • no tax if these dividends were tax free under Business Tax Act and if the recipient does not receive a full credit for the Finnish tax in the country of residence, and
    • no tax on dividend paid to a company meant in the EU Parent-Subsidiary Directive owning at least 10% of the capital of the paying company.
  3. The tax rate is 15% on films, tapes used in television or radio broadcasts, use of copyright of literary, artistic, or scientific works, or royalty paid for usufruct.
  4. The tax rate is 10% on literary, scientific, artistic, and film royalties.
  5. The tax rate for an individual is 30% if income is tax-exempt in the country of residence.
  6. A lower tax in certain cases.
  7. Foreign capital greater than 100,000 United States dollars (USD) when dividend becomes due and payable.
  8. See the treaty for additional requirements.
  9. The tax rate is 7% on industrial, scientific, and commercial royalties.
  10. The tax agreement does not apply if the recipient is a special holding company.
  11. The tax rate is 5% on royalties from films and tapes.
  12. The tax rate is 5% on royalties paid for the use of industrial, commercial, or scientific equipment.
  13. The tax rate is 15% if the payer is also an industrial enterprise.
  14. The 10% is calculated on the total voting stock.
  15. There is no tax on royalties between associated companies meant in EU Directive 2003/49/EC, 2013/13/EU.
  16. The tax rate is 1% for finance lease of equipment and 5% for operating lease of equipment and computer software.
  17. The tax rate is 5% for the use of secret process or for know-how; there is no tax for computer software or patent.
  18. The tax rate is 10% on industrial royalty, 3% on royalties to news agency, and 5% on artistic royalty to the author or the author's mortis causa successor.
  19. The tax rate is 2.5% on royalties paid for the use of industrial, commercial, or scientific equipment or computer software.
  20. The tax rate is 5% on royalties paid for the use or the right to use of industrial, commercial, or scientific equipment or software.
  21. The tax rate is 15% if the recipient is a company.
  22. There is no tax on dividends to qualified parents-subsidiaries and pension funds.
  23. There is no tax if the recipient proves that one has domicile (individual) or is incorporated in the United Arab Emirates.
  24. If corporate entity tax is 15% or 20%.

Non-treaty areas include Andorra, Antigua and Barbuda, Bahama Islands, Bahrain, Belize, Cayman Islands, Channel Islands, Gibraltar, Grenada, Greenland, Hong Kong, the Spitsbergen, Jan Mayen, Liberia, Macao, Mauritius, Monaco, Panama, Samoa, San Marino, Vanuatu, and Virgin Islands.


Last Reviewed - 04 December 2018

Select territory
Select territory
      Advanced print
      Advance print
      Please login to see favourites territories in Advance print
      Login
      Signup
      Contact us

      Successful

      Thank you for contacting PwC.
      Contacts
      See full territory list
      Favourites
      Login
      Signup