The tax payment partly “volunteering” to the richest Finns, claims in the report

A report published today by the Social Democratic Thinking Department Kalevi Sorsa Foundation proposes a minimum tax on capital income in the EU.

The report examines the taxation of capital income in 15 European countries. Many of them have tailored tax breaks for wealthy individuals over the last decade.

An example is Spain, which, since 2023, has been able to raise their earnings -free tax -free tax -free income.

Tax breaks for those moving from abroad have also been taken in Italy and Malta. In them, a wealthy immigrant can avoid capital income taxes by paying a lump sum or by making an investment in the country.

According to the report, in 11 countries, there are tax breaks for investment income. In Switzerland and Belgium, for example, a large part of the sales of securities are tax -free, and it is possible for citizens of other countries to take advantage of this with different arrangements.

Finland will remain in the tax competition.

“In the report, Finland emerges as a country that is particularly sensitive to the taxable taxes caused by tax relief in other countries. Capital income accrued here can be raised in low-tax countries, including through insurance covers and holding companies. It can be said that the tax payment has been made at least in part for the richest Finns, ”the other writer of the report, Kalevi Sorsa Foundation Third thieves Describe in the bulletin.

A minimum tax to incense the race

For example, the report offers a minimum of capital income.

For refers to the so -called to a global minimum taxwhich requires large groups to pay at least 15 % corporate tax in all countries of operation. The minimum tax introduced in the EU last year has sought to incense an international tax competition.

However, the tax competition is moving to capital income taxation for individuals.

“The basic problem is that tax laws are national, but capital moves across borders where the tax is low. Loopholes should be blocked by regulation and control. In the EU, the minimum tax should be introduced at least for high capital income, ”Finér suggests.