Finland ranked low in international tax haven index due to corporate tax loopholes

Finland has placed 32nd out of 70 countries and tax jurisdictions in the newly released Corporate Tax Haven Index, reflecting weaknesses in its tax laws that allow multinational corporations to exploit loopholes and shift profits abroad. The index, published by the Tax Justice Network, assesses how effectively countries prevent corporate tax avoidance. A higher ranking indicates a country is more lenient toward enabling tax avoidance by large corporations.