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Experiencies in financing Finnish companies' operations in China

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Taxes connected to f<strong>in</strong>anc<strong>in</strong>g<br />

• Withhold<strong>in</strong>g tax 10 % for <strong>in</strong>terest payments of foreign loans,<br />

F<strong>in</strong>nfund’s loans exempted<br />

• Also F<strong>in</strong>nfund and F<strong>in</strong>nvera guaranteed loans exempted<br />

• 5 %bus<strong>in</strong>ess tax on <strong>in</strong>terest payments and some local<br />

payments with no exemption for F<strong>in</strong>nfund<br />

• Tax on profit on sale of assets 10 %<br />

13.4.2012<br />

8

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