Finland Tax Agency Updates Guidance on Individual Income Taxation of Personnel Fund Payments

The Finnish Tax Administration Feb. 10 posted updated Guidance No. VH/760/00.01.00/2026, on the individual income taxation of personnel fund payments to employees. Updated topics include: 1) the taxation upon transfer of an employee’s bonus to a personnel fund, as wage income, if the employee could decide on full or partial transfer, to reflect Central Tax Board Preliminary Decision No. KVL:16/2025; and 2) a rule that income from a personnel fund already subjected to inheritance tax isn’t taxed again, but only the value increase after the time of death is taxable, to reflect Supreme Administrative Court Ruling No. KHO:2025:64. [Finland, Tax ...