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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…

Oy Tuokko Ltd Business ID1731049-4 AddressPaciuksenkatu 2500270 Helsinki, Finland Email addressinfo@tuokko.fi Phone+358 9 4366 140Working daysMon–Fri 8:00–16:00 Billing information Address: Oy Tuokko LtdE-invoice address: 003717310494Operator: Maventa (003721291126)BIC code: DABAFIHH Paper invoicesOy Tuokko LtdAIFI75721P.O. Box 110FI-01301 VANTAA Email invoices17310494(at)scan.netvisor.fi Our offices Helsinki Paciuksenkatu 2500270 Helsinki Tampere Hämeenkatu 933100 Tampere Oulu Sepänkatu 2090100 Oulu Lappeenranta Valtakatu 49–5153100…

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…

Praxity Our international alliance In Praxity, it’s about the people: an alliance of audit, tax and advisory firms that connects members and their clients with quality, expertise and choice globally, underpinned by care and integrity. Praxity unites independent professional audit, tax and advisory services firms to benefit them and their clients by extending their global…

Ex­pert or­ga­niza­tion with a bold ap­proach a customer-oriented service model, and a wide range of financial services. We are an expert organization established in 1971 that has grown into the largest family-owned company in its field in Finland. We offer auditing, financial and payroll administration, as well as taxation and business development services with a…