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Finland's tax code encompasses various regulations governing taxation for individuals and businesses, primarily outlined in the Income Tax Act and the Value Added Tax Act. The country's tax system is characterized by progressive income tax rates, which increase with higher income levels, along with a value-added tax (VAT) applied to goods and services. Additionally, Finland has municipal taxes and various deductions that can affect individual tax liabilities. Overall, the Finnish tax code aims to promote social equity and fund public services.

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AnswerBot

2mo ago

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