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The goals of the Federation have lately been inter alia the question of the adeguate level of capital, the level of netto assets, the taxation and the carry back-system and the increased use of the reduction of taxation via the system of tas cuts due to the use of personal services in the homes. We suggest a number of temporary measures that would help ease the burden on companies and thus also help the society. This concerns especially the years 2009-2011.
We have suggested the Finnish Government that at least temporarily measures should b etaken to give more rights to tax cuts for investments in product development and investments and a higher level of the possibility to each fiscal year give a lower value to goods in stock (and thus affect the net worth of the company, affecting taxation. Finnvera, the state-owned financing institute, gives loans to cmpanies in order to help the overcome the difficult times. The idea was originally ours.
Our main goal at the moment is to secure the financing of companies so that unnecessary bankrupcies could be avoided. This means that the banks but also the state should be active.
We think that the entrepreneurs own personal wealth that is a security to loans from the bank should be considered as a factor in taxation. The same goes for the system that was used in the 1990´s, where only half of the long-term loans of the companies were counted as net assets. We also believe that the tax cuts due to the use of personal services in the home should include the possibility to use said tax cut for the building of new homes.
A carry-back system shoud be used in taxation. This means that the losses of companies today could be used against paid taxes on positive results during earlier fiscal years. This does not mean that the taxes are cut, but rather that companies could reduce the losses from gains during the last three years, thus reducing the tax leel of today, easing the economical situation.
Earlier on the taxes on companies´ profit were sunk to 25 %. Now it is high time to take into consideration that companies should ear-mark some of the wins for later use (general reservation), which would lead to taxation of said funds later. This would be necessary due to the economic problems at the moment.
Sweden already has a system which allows reservation of profits for later use, thus gaining time, since the taxation of the funds happens later on. This helps the companies to survive changes in the economical situations.
We believe that GmBH:s should be able to make activity-reservations in the taxation of 2009-2011, whisch means that funds are reserved for later use, and thus taxed later. This would help owercome the worst times. In case this is not enough one should also consider general possibilitries to that type of reservations for investments.
We also consider that the tax reduction on the use of personal services at home could have a wider scope of use than today. If the said reduction could also be used for the building of new homes it would boost the building sector. Bankrupcies are raging wild amongst these companies, and thus increases unemployment. Also the use of this tax reduction requires that the company is registered, so the renewed system would help diminish black market. Every 1000 small houses project gives 5000 new jobs.
We have a system where a lonely entrepreneur who hires a first employee gets aid. The experiment is vital for the employability of unemployed. It started in 2007 in selected parts of the country, and continues until 2011. The aid is 30 % of the wage during the first 12 months and then 15 % for the next 12 mpnths. We think that the experiment should be continued, and the rules be made more flexible. For instance at the moment it concerns only employment in (contrat de durée indeterminé whereas it should be made available to Contrat durée determné). . We also underline the need to make the experiment run in every part f the country during the years 2009-2011.
