Yesterday, the Senate passed the bills relating to the tax plans for 2023. The bill on excessive borrowing by directors and major shareholders was also passed.
End-of-year press release
The Ministry of Finance has summarised the key changes in the annual end-of-year press release. Most of these changes are, of course, already known. See, for example, our article 2023 is just around the corner – what else do you need to think about?.
Excessive borrowing
The bill on excessive borrowing from one’s own company has also been passed by the Senate and will therefore come into force on 1 January 2023. As the first reference date is 31 December 2023, we still have the whole of 2023 to take measures, if desired. We describe these new regulations in a factsheet.