Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Finland

Govt calls off plans to levy tax on boats, motorcycles

byCT Report
16/02/2017
in Finland
Share on FacebookShare on Twitter

HELSINKI: The Finns Party is delighted that its proposal to abandon the tax on motorcycles was successful, says Sampo Terho, the chairperson of the Finns Party Parliamentary Group. The Finnish Government has called off its plan to levy a tax on motorcycles and pleasure boats.

Prime Minister Juha Sipilä (Centre) announced yesterday that the revenues generated by the taxes will, according to the latest calculations, fall short of initial estimates and that the preparatory work has been suspended at the request of Minister for Foreign Affairs Timo Soini (PS).

You might also like

China’s travel restrictions already being felt in Finnish Lapland

03/02/2020

Stockmann issues positive profit warning, sending shares over 30% higher

23/01/2020

The proposed tax revisions had come under notable criticism even from some members of the ruling parties due what were believed to be optimistic revenue estimates.

The Finns Party has expressed its “delight” with the decision to abandon the proposed tax on motorcycles.

“We are delighted that our proposal to abandon the tax on motorcycles was successful. We did not propose the motorcycle tax, but we fended it off,” Sampo Terho, the chairperson of the Finns Party Parliamentary Group, stated in a press release on Wednesday.

The Finns Party was reportedly in favour of continuing the preparatory work on the tax on pleasure boats, but the other two ruling parties – the Centre and the National Coalition – were adamant that the two taxes were parts of the same package.

Terho explains that calling off the motorcycle tax was a more important objective for the party than introducing the pleasure boat tax.

Soini had been a particularly vocal advocate of the tax on pleasure boats. He proclaimed in a press conference six months ago that the Finns Party has succeeded in introducing a tax on pleasure boats and “yuppie scooters” – a term he coined and later said refers to water scooters.

Terho admitted yesterday that calling off also the pleasure boat tax was justifiable because “several calculations indicated” that the tax would not have replenished state coffers to the extent that was initially estimated.

The Ministry of Finance began circulating its draft tax bills for comments in December.

Related Stories

China’s travel restrictions already being felt in Finnish Lapland

byadmin
03/02/2020

THE TOURISM INDUSTRY in Finnish Lapland is already feeling the effects of the ban on overseas tour groups and sales...

Stockmann issues positive profit warning, sending shares over 30% higher

byadmin
23/01/2020

CLASS-B SHARES in Stockmann jumped by more than 30 per cent yesterday after a positive profit warning issued by the...

(181231) -- BRUSSELS, Dec. 31, 2018 (Xinhua) -- A citizen shows the cash of the euro in Brussels, Belgium, Dec. 28, 2018. On the eve of the euro's 20th anniversary, European Union leaders lavished praise on the common currency on Monday, calling it "one of the biggest European success stories."  On Jan. 1, 1999, 11 EU countries launched the euro and introduced a shared monetary policy under the European Central Bank. It is now the currency of 340 million Europeans in 19 EU member states. (Xinhua/Zheng Huansong)

Wages, salaries grow by 3.1% in Sept-Nov

byadmin
14/01/2020

The wages and salaries sum of the whole economy was 3.1 per cent greater in the September to November period...

cryptocurrency, finance and business concept - close up of businessman hand with virtual bitcoin symbol hologram over binary code background

Is Bitcoin still a good investment?

byadmin
23/12/2019

Booms and busts, this is what investing in Bitcoin is all about. The most popular cryptocurrency continues to shake out...

Next Post

Dar chairs meeting to review measures against money laundering

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.