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A parking ticket machine in Seinäjoki, Finland. Most of Scandinavia determines some traffic fines based on income. For example, Finland's system for calculating fines starts with an estimate of the amount of spending money a Finn has for one day, and then divides that by two.
The sentences are especially low when compared with the potential benefits of committing such crimes, as well as when compared with international standards. [citation needed] An example of the difference between sentence and benefits is the 2006 case of Lemminkäinen Group. Lemminkäinen was hit with a €68,000,000 fine for cartel.
A day-fine, unit fine or structured fine is a pecuniary sanction which is based on the severity of the offence as well as the income (or wealth) of the offender. [1]The fine amount is calculated by determining the number of days based on the severity of the violation—the more severe the violation, the greater the number of days imposed.
Finland's government announced plans to restrict the right to strike on Thursday, with new legislation that will introduce a 200 euro ($217) fine for employees who participate in illegal ...
A day-fine is a fine that, above a minimum, is based on personal income (similar to progressive taxation), [7] as opposed to a fine of a fixed amount. Day-fines are often implemented to alleviate some of the burden on people experiencing poverty, who might otherwise have issues paying/affording some fines. [8]
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That low threshold makes it easy to open multiple CDs and lock in some long-term rates while they’re still high. View this interactive chart on Fortune.com EverBank: CD rates up to 4.00%
The Supreme Court of Finland (Finnish: korkein oikeus [ˈkorkei̯n ˈoi̯keus], abbreviated as KKO; Swedish: högsta domstolen, abbreviated as HD), located in Helsinki, is the court of last resort for cases within the private law of Finland (that is, civil and criminal cases).