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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 is giving some citizens the equivalent of $587 U.S. dollars a month — just for being alive.
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 ...
According to World Bank, "revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
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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