Finland

If an employee is working temporarily in a temporary place of work employer may compensate the employee tax exempt some travel expenses. Working is considered temporary if working in the specific temporary place of work lasts up to three years. As of January 1, 2021 the time limit for work place to be considered temporary is extended to a 3.5 years if the earlier 3-year limit is exceeded between January 1, 2021 and December 31, 2021. The extended 3.5-year limit is also applied in the taxation of year 2022 if the 3.5 year extended working continues also in year 2022.

As of January 1, 2021, there is a change in the taxation of the emission of new shares by employees. Before January 1, 2021 a discount not exceeding 10% of the fair market value of the company shares when shares are being issued to all or the majority of the employees is tax exempt for the employee. This applies to both listed and unlisted companies and also shares in other group company than the employer company are concerned. As of January 1, 2021, employees of an unlisted company may be issued shares in the employer company with a greater discount than 10% without any taxable benefit being created. No taxable benefit arises as long as the valuation of the share is based on the so-called mathematical value of a share (substance value with certain corrections) instead of the fair market value. Tax exemption would require that the majority of the employees is entitled to participate in the emission. The present rules regarding personnel emission in unlisted companies remain the same.