(1) The nationals of a Contracting State shall not be subjected
in the other Contracting State to any taxation or any requirement
connected therewith which is other or more burdensome than the
taxation and connected requirements to which nationals of that
other State in the same circumstances are or may be subjected.
(2) The taxation on a permanent establishment which an
enterprise of a Contracting State has in the other Contracting
State shall not be less favourably levied in that other State than
the taxation levied on enterprises of that other State carrying on
the same activities.
(3) Enterprises of a Contracting State, the capital of which
is wholly or partly owned or controlled, directly or indirectly by
one or more residents of the other Contracting State, shall not be
subjected in the first-mentioned Contracting State to any taxation
or any requirement connected therewith which is other or more
burdensome than the taxation and connected requirements to which
other similar enterprises of that first-mentioned State are or may
be subjected.
(4) In determining for the purpose of United Kingdom tax
whether a company is a close company, the term "recognised stock
exchange" shall include the Helsinki Stock Exchange.
(5) Nothing contained in this Article shall be construed as
obliging either Contracting State to grant to individuals not
resident in that State any of the personal allowances, reliefs and
reductions for tax purposes which are granted to individuals so
resident, nor as obliging the United Kingdom to grant to a company
which is a resident of Finland a greater relief from United Kingdom
income tax chargeable upon dividends received from a company which
is a resident of the United Kingdom than the relief to which the
first-mentioned company may be entitled under the provisions of
Article 11 of this Convention.
(6) In this Article the term "taxation" means taxes of every
kind and description.
