Finnfund denies aggressive tax planning and says claims are irresponsible

State-owned development aid fund Finnfund denies the claims made by the NGO Finnwatch last week that the fund had invested Finnish development aid funds in the Dasos Timberland Fund I accused of tax avoidance. In a report to the Finnish Ministry for Foreign Affairs, Finnfund says the NGO’s report contains both factual errors and deliberate misinterpretations. According to Finnfund, paying taxes in developing countries is one of its goals as it promotes the strengthening of the public sector in these countries.

Media:  Helsingin Sanomat
Date: 23.3.2017
Journalist: Jukka Hiiro
Main source: –

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