Finland Tax Agency Updates Guidance on Reduced Withholding Tax Rate for Key Employee Salaries

The Finnish Tax Administration Dec. 10 posted online updated Guidance No. VH/7327/00.01.00/2025, on the reduced withholding tax rate for key employee salaries, effective Jan. 1, 2026. Topics covered include: 1) the reduction, to 25 percent, from 32 percent, in the withholding tax rate for salaries paid to key employees; 2) qualifications for individuals to obtain key employee status; 3) that tax cards previously issued at the 32 percent withholding rate remain valid for up to 84 months if circumstances don’t change; and 4) that key employees don’t need to apply for new tax cards for purposes of applying the 24 ...