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Finland

#22 overall · Score 66.2 / 100 · unchanged from 2025

Overall

#22

66.2 / 100

unchanged from 2025

Corporate

#10

72.3 / 100

down two places from 2025

Individual

#24

59.0 / 100

up four places from 2025

Consumption

#28

49.8 / 100

unchanged from 2025

Property

#21

60.4 / 100

down two places from 2025

Cross-border

#24

64.2 / 100

up one place from 2025

Notable Changes from 2025

In 2026, Finland phased out accelerated depreciation for machinery and equipment, reducing the share of investment costs that businesses can recover by 10 percentage points in real terms. However, it also reduced its top rate on personal income from 57 to 50.4 percent. Finland kept its rank at 22nd.

Strengths

  • Finland has a relatively low corporate tax rate of 20 percent.
  • The design of corporate and personal income taxes makes them relatively less complex than in other countries.
  • Finland has a territorial tax system and a broad tax treaty network with 77 countries.

Weaknesses

  • Finland levies both an estate and a financial transactions tax.
  • Companies are limited in their ability to carry forward net operating losses and are restricted to using First In, First Out as the cost accounting method for inventory.
  • Capital gains and dividends are taxed at relatively high rates of 34 and 28.9 percent, respectively.

Component Scores

Finland category scores out of 100Corporate Taxes: score 72.3, rank 10. Individual Taxes: score 59.0, rank 24. Consumption Taxes: score 49.8, rank 28. Property Taxes: score 60.4, rank 21. Cross-Border Tax Rules: score 64.2, rank 24255075100Corporate Taxes: 72.3 (rank 10)Individual Taxes: 59.0 (rank 24)Consumption Taxes: 49.8 (rank 28)Property Taxes: 60.4 (rank 21)Cross-Border Tax Rules: 64.2 (rank 24)CorporateIndividualConsumptionPropertyCross-border
Category Rank Score vs 2025
Corporate Taxes #10 72.3 down two places from 2025
Individual Taxes #24 59.0 up four places from 2025
Consumption Taxes #28 49.8 unchanged from 2025
Property Taxes #21 60.4 down two places from 2025
Cross-Border Tax Rules #24 64.2 up one place from 2025

Ranking Changes, 2014–2026

Finland's best overall rank was 18th and its worst was 24th. It ranks 22nd in 2026.

Overall rank by year for FinlandFinland: 2014 rank 24, 2015 rank 23, 2016 rank 18, 2017 rank 21, 2018 rank 20, 2019 rank 20, 2020 rank 21, 2021 rank 21, 2022 rank 20, 2023 rank 20, 2024 rank 19, 2025 rank 22, 2026 rank 222014201520162017201820192020202120222023202420252026Finland 2014: rank 24Finland 2015: rank 23Finland 2016: rank 18Finland 2017: rank 21Finland 2018: rank 20Finland 2019: rank 20Finland 2020: rank 21Finland 2021: rank 21Finland 2022: rank 20Finland 2023: rank 20Finland 2024: rank 19Finland 2025: rank 22Finland 2026: rank 22#24#22

OECD Context

Each row places all 38 countries on a 0–100 score scale for one measure. Finland is highlighted; the dashed line is the OECD median.

All 38 Countries' Ranks

Overall and category ranks for all 38 countries
CountryOverallCorporateIndividualConsumptionPropertyCross-border
Estonia#1#2#1#24#1#7
Latvia#2#1#8#22#4#6
New Zealand#3#31#7#1#8#14
Switzerland#4#7#9#4#36#2
Lithuania#5#3#10#23#6#16
Luxembourg#6#20#21#7#15#5
Czech Republic#7#9#4#32#5#11
Australia#8#29#14#9#3#23
Turkey#9#21#6#15#22#8
Hungary#10#5#3#38#23#4
Israel#11#11#31#11#10#18
Slovak Republic#12#24#2#33#7#17
Sweden#13#6#18#26#9#12
Costa Rica#14#35#13#6#11#29
Canada#15#17#28#8#25#28
Netherlands#16#23#30#14#20#3
United States#17#8#17#3#27#37
Austria#18#18#27#17#17#10
Germany#19#30#34#13#12#9
Norway#20#15#29#27#16#15
Mexico#21#28#26#12#2#38
Finland#22#10#24#28#21#24
Greece#23#22#5#29#30#19
Chile#24#32#23#10#13#36
Slovenia#25#14#12#30#24#30
Korea#26#26#38#2#31#34
Belgium#27#16#15#25#28#21
Japan#28#36#35#5#26#31
Ireland#29#4#36#35#18#27
United Kingdom#30#25#22#34#33#1
Denmark#31#19#37#20#14#32
Poland#32#12#11#36#29#25
Portugal#33#34#19#21#19#33
Iceland#34#13#32#19#34#26
Spain#35#33#20#18#35#20
Italy#36#27#16#37#38#22
Colombia#37#37#25#16#37#35
France#38#38#33#31#32#13

Among European Peers

Finland ranks 15th of 27 European OECD members on the overall index.

Source: 2026 International Tax Competitiveness Index.

Notes on the Data

The 2026 Index uses the most up-to-date data available as of July 2026. Data may not reflect changes in countries making rapid reforms.

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About the Authors

Alex Mengden Tax Foundation
Expert

Alex Mengden

Economist

Alex Mengden is an Economist at the Tax Foundation, where he focuses on international tax issues and tax policy in Europe. He holds a BA in philosophy and economics from the University of Bayreuth and an MSc in economics from the Ludwig Maximilian University of Munich.

Tax Foundation Staff

Luis Zarka

Transatlantic Tax Fellow

Luis Zarka was a 2026 Transatlantic Tax Fellow with the Tax Foundation’s Center for Global Tax Policy.

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Vice President of Communications

Jesse Solis is Vice President of Communications at the Tax Foundation, where he leads the communications team and works to build coverage of Tax Foundation’s experts and their work across the globe. He joined the team in 2021 as Communications Manager and became Communications Director in 2024.