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<\/p>\n“This is not in the government programme,” Prime Minister Petteri Orpo (NCP) told Helsingin Sanomat.<\/p>\n
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File photo of Prime Minister Petteri Orpo. Image: Lauri Karo \/ Yle<\/p>\n
Prime Minister Petteri Orpo’s (NCP) government is not currently preparing to abolish the inheritance and gift tax, according to newspaper Helsingin Sanomat (HS).<\/p>\n
HS wrote that business group the Confederation of Finnish Industries (EK), as well as a number of NCP members, have called for the abolition of inheritance and gift taxes. The paper further noted that the government has already made a number of decisions that the business and industrial sector has wanted.<\/p>\n
The National Coalition Party, which Orpo leads, has a long-term goal of abolishing inheritance and gift taxes.<\/p>\n
HS asked Orpo whether his government is planning to raise the issue of getting rid of inheritance and gift taxes during the remainder of its term.<\/p>\n
“We are partly discussing this publicly, but I am only stating my own position. This is not in the government programme,” Orpo told HS, adding that his administration had already made its big taxation decisions last year.<\/p>\n
The paper noted that easing corporate taxes was not in the government programme either, but the four-party coalition still decided to do so<\/a>.<\/p>\n As it was working on its budget last year, the government did not reach a consensus about the abolition of inheritance and gift taxes. Doing so would have left a major dent in revenue, amounting to hundreds of millions of euros.<\/p>\n “In terms of the economy, no solution was found that would have been able to finance the abolition of the tax,” Orpo told HS.<\/p>\n