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UPDATE: Proposed Extension to Merger Control Deadline Delayed

10 Jul 2020 The Finnish Government's plan (See: Merger control deadline proposed to be extended due to coronavirus pandemic ) to extend t...

D&I Transaction Powerhouse Deal Announcement

17 Jun 2020 High Level of Deal Activity during Covid-19 Pandemic Despite the general dip in M&A activity globally and in Finland,...

New Supreme Administrative Court Ruling: tax neutrality of share for share transaction rejected in connection with a re-investment by minority shareholders

12 Jun 2020 In connection with an acquisition of all the outstanding shares in the target company, two minority investors holding 9.5% of...

Merger control deadline proposed to be extended due to coronavirus pandemic

11 Jun 2020 The Finnish Government has proposed that the Phase II deadline in merger control should be extended by 23 working days from t...

New possibilities for unlisted companies to engage their personnel

9 Jun 2020 As of 1 July 2020, unlisted limited liability companies should be able exploit the benefits served by the proposed addition t...

The temporary changes in labour legislation will be extended to be in force until the end of year 2020

3 Jun 2020 The temporary changes in labour legislation that came into force due to COVID-19 on 1 April 2020 will be extended to be in fo...

First four Finnish GDPR fines set a new tone for data protection supervision

29 May 2020 Last week Finland witnessed its first GDPR fines, as three companies were fined for violations of key obligations under the G...

No more cookie consents through browser settings

18 May 2020 On Thursday 14 May 2020, the Finnish Deputy Data Protection Ombudsman (the "Ombudsman") issued a significant new order set to...

The Supreme Administrative Court issued new precedents on transfer pricing and on utilization of final losses

24 Apr 2020 On 2 April 2020, the Supreme Administrative Court ("SAC") issued new transfer pricing precedents on the concept of re-charact...

Government proposes temporary legislation enabling remote participation in AGM 2020

16 Apr 2020 The Finnish Government has submitted a legislative proposal (the "Act") allowing annual general meetings held in 2020 to be p...

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