Finland’s legislative change regarding nominee-registered shares goes into force on 1 January 2021. The legislative change will impact the taxation and taxation procedure of dividends paid to nominee-registered shares, and will include the implementation of the OECD Treaty Relief and Compliance Enhancement (TRACE) model. This major legislative change has several key changes including:
- The implementation of the OECD TRACE model
- The discontinuation of the Foreign Custodian Register
- The adoption of the OECD TRACE model’s Register of Authorised Intermediaries
- The amendment of the amount of withholding
With the implementation date fast approaching, BNP Paribas Securities Services invites you to a webinar where our experts will discuss what you need to know to get ready for this important legislative change.