The Tax at Source for Key Employees Will Decrease from 32% to 25%, and Returning Finnish Citizens Will Also Become Eligible for the Key Employees’ Tax Card Finland is taking a significant step in strengthening its competitiveness as an attractive working destination for international talents. According to the Government Proposal (HE 98/2025 vp), the tax…
In November, the Finnish Tax Administration will introduce a new reference number that allows taxpayers to pay almost all taxes with a single number. The change applies to companies and organizations, excluding sole proprietors. The purpose of this reform is to simplify the process of paying taxes and allocating payments to the correct tax types.…
The duties of the company’s Board of Directors include monitoring the company’s equity. If the company’s board of directors finds that the company has lost, or is about to lose equity, it must take steps to safeguard equity. When calculating the adequacy of equity, a capital loan in accordance with the Limited Liability Companies Act…
Financial and insurance services are exempt from value added tax, with the scope of the exemption set out in law in considerable detail. However, the VAT treatment of other services supplied in connection with financial and insurance services can come as a surprise if the related VAT issues are not addressed in time. It is…
The Court of Justice of the European Union (CJEU) has issued a preliminary ruling clarifying the VAT treatment of transfer pricing adjustments. The Court held that a compensating (i.e. self-initiated) transfer pricing adjustment may, under certain conditions, fall within the scope of VAT. Such an adjustment is subject to VAT only if it constitutes consideration…
In Finland, the supply of social welfare and healthcare services is exempt from value-added tax under certain conditions. However, if these conditions are not properly met, VAT on such services may lead to significant costs. Determining the applicability of the exemption in advance is particularly important in chain supply arrangements to ensure correct VAT treatment…
