Arvonlisäverovelvolliselle

Arvonlisäverovelvollinen refers to a taxable person or entity that is registered for Value Added Tax (VAT) in Finland. This means they are legally obligated to collect VAT on their taxable supplies of goods and services and to remit this VAT to the Finnish Tax Administration (Verohallinto). The obligation to register for VAT typically arises when a business's taxable turnover exceeds a certain threshold, although voluntary registration is also possible.

A VAT-registered entity must issue VAT invoices for their sales, which include specific details such as the VAT rate applied and the VAT amount. They can also deduct the VAT they have paid on their business expenses (input VAT) from the VAT they have collected (output VAT). The difference is then either paid to or refunded by the tax authorities. Failure to comply with VAT regulations can result in penalties and interest. The specific rules and thresholds for VAT registration and liability are detailed in Finnish VAT legislation.