"/>

国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Finland plans to terminate tax agreement with Portugal

Source: Xinhua    2018-04-13 05:40:52

HELSINKI, April 12 (Xinhua) -- Finland plans to terminate its taxation agreement with Portugal as an effort to stop tax exemption for Finnish pensioners living in Portugal has not made progress, the Finnish government said on Thursday.

Under the taxation agreement made in 1970, Portugal has the right to tax them or grant them tax exemption. The exemption in Portugal requires an application by the new resident. Finland had the right to tax pensions paid to government employee living in Portugal.

In 2016, Finland negotiated a new taxation agreement with Portugal, which would give Finland the right to tax all pensions paid from Finland to Finns living in Portugal. The new agreement would have affected some 200 to 300 Finnish retirees in Portugal, and with it Finland would have obtained tax revenue amounting to several millions annually.

However, the new agreement has not made progress in the Portuguese parliament.

On Thursday, the Finnish government submitted the plan to terminate the taxation agreement with Portugal to the Finnish parliament. If approved, the termination will take effect from the start of 2019.

In 2015, Finnish media revealed that several Finnish industrial executives had moved to Portugal for retirement. Their annual pensions range from 400,000 to 700,000 euros, which they are able to receive tax free.

Antero Toivainen, a governmental counsellor at the Ministry of Finance, told newspaper Helsingin Sanomat on Thursday that Finland has never before disengaged from a taxation agreement with another country. But Toivainen noted that Denmark has terminated tax agreements with both Spain and France as talks to enable Danish taxation rights failed.

Editor: yan
Related News
Xinhuanet

Finland plans to terminate tax agreement with Portugal

Source: Xinhua 2018-04-13 05:40:52

HELSINKI, April 12 (Xinhua) -- Finland plans to terminate its taxation agreement with Portugal as an effort to stop tax exemption for Finnish pensioners living in Portugal has not made progress, the Finnish government said on Thursday.

Under the taxation agreement made in 1970, Portugal has the right to tax them or grant them tax exemption. The exemption in Portugal requires an application by the new resident. Finland had the right to tax pensions paid to government employee living in Portugal.

In 2016, Finland negotiated a new taxation agreement with Portugal, which would give Finland the right to tax all pensions paid from Finland to Finns living in Portugal. The new agreement would have affected some 200 to 300 Finnish retirees in Portugal, and with it Finland would have obtained tax revenue amounting to several millions annually.

However, the new agreement has not made progress in the Portuguese parliament.

On Thursday, the Finnish government submitted the plan to terminate the taxation agreement with Portugal to the Finnish parliament. If approved, the termination will take effect from the start of 2019.

In 2015, Finnish media revealed that several Finnish industrial executives had moved to Portugal for retirement. Their annual pensions range from 400,000 to 700,000 euros, which they are able to receive tax free.

Antero Toivainen, a governmental counsellor at the Ministry of Finance, told newspaper Helsingin Sanomat on Thursday that Finland has never before disengaged from a taxation agreement with another country. But Toivainen noted that Denmark has terminated tax agreements with both Spain and France as talks to enable Danish taxation rights failed.

[Editor: huaxia]
010020070750000000000000011105521371072141
主站蜘蛛池模板: 武穴市| 松原市| 黄梅县| 隆德县| 丹东市| 石台县| 桐乡市| 宁海县| 和顺县| 泸定县| 新安县| 麦盖提县| 宕昌县| 南川市| 冀州市| 宁陵县| 台中县| 靖江市| 瓮安县| 沙湾县| 南皮县| 萝北县| 罗山县| 资溪县| 内乡县| 辽源市| 兴仁县| 阿克| 耿马| 璧山县| 登封市| 神农架林区| 曲周县| 娱乐| 鹿泉市| 墨玉县| 崇信县| 汝城县| 玉环县| 格尔木市| 东明县|