乐鱼(Leyu)体育官网

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Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That鈥檚 why 乐鱼(Leyu)体育官网 LLP established its industry-driven structure. In fact, 乐鱼(Leyu)体育官网 LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

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Finland: Updated FATCA and CRS FAQs

Updated FAQs dealing with changes in the business operations of reporting companies.

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March 19, 2025

The tax administration of Finland on March 7, 2025, updated Section 5 of its FATCA and common reporting standard (CRS) 鈥渇requently asked questions鈥� (FAQs), dealing with changes in the business operations of reporting companies.

The question has been updated to reflect reporting obligations鈥攊n addition to annual returns鈥攖hat are required for companies that are closing or merging. The answer was revised to clarify that a company that is ceasing operations must submit annual reports detailing its reportable accounts for the last year of operation, including transactions and closures (ClosedAccount=True).

However, for companies undergoing a merger, reporting depends on whether accounts are closed or transferred to the receiving company.

Read a March 2025 report prepared by the 乐鱼(Leyu)体育官网 member firm in Finland

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