Yes, the interest paid on savings accounts in Finland is generally subject to a tax at source. The tax at source is 30% of the amount of interest. Nordea will automatically deduct the tax from the interest paid to you. An exception to this rule is the ASP account used for saving for buying a first home. The interest paid on an ASP account is tax-exempt if the saver fulfils the terms and conditions of the ASP saving scheme: saving on the ASP account for at least two years, saving a sufficient percentage of the price of the home to be bought and taking out a loan for the home.