Effective tax planning is an important part of a company’s business strategy. By acting proactively in relation to taxation obligations, you can enhance your risk management and take advantage of opportunities that require planning. Tax planning can release your company’s resources and the expertise of professionals for your company’s growth and development! Next, our experts…
Finance Minister Saarikko signed a new tax treaty on April 4, 2023, which still requires a legislative proposal and approval by the parliament for its enactment. The currently effective treaty, established in the 1970s, will soon be replaced. The main changes in the new treaty involve methods to eliminate double taxation, the taxation of dividends…
The Tax administration has published tax-exempt allowances for 2023. Employers are entitled to reimburse business trip related costs to the employees who are in the employment relationship. A business trip means, for example, visiting a customer. This article does not deal with reimbursements for business travel expenses nor volunteers of non-profit organizations. These allowances are covered…
Do you sell goods purchased from different countries abroad, also installed, and buy services abroad? VAT liability when buying goods as import VAT registration in the destination country is usually necessary if you act as the importer yourself or if you have intra-community acquisitions in other EU member states. If the goods are sold installed,…
The annual conferences of Praxity and Mazars were once again held live after the COVID breaks. Our experts participated in the events, gathering newest information to serve our at the highest level. The most important takeaway from the conferences was the opportunity to meet new people and create contacts all around the world. For example,…
Transfer Pricing Adjustment – What Changes? The government proposal HE 188/2021 is intended to be approved by the parliament in December 2021, which would make it effective from the beginning of 2022. The main goal of the proposal is to expand the scope of the tax procedure law (“VML”) section 31, which concerns transfer pricing…