Purra rules out inheritance tax abolition

Purra rules out inheritance tax abolition

Finnish finance minister Riikka Purra said the government will not abolish inheritance tax, rejecting proposals raised inside the ruling coalition ahead of April budget talks and warning that the state finances do not allow major tax cuts. Purra stated that the government already settled its tax policy and will not reopen the issue. “The government has already made its tax decisions and is not preparing the abolition of inheritance tax,” she told Helsingin Sanomat. “I consider the idea high...