Kauppasumman

Kauppasumma is a Finnish term referring to the monetary consideration in a sale contract—the amount the buyer agrees to pay the seller for goods or property. It denotes the purchase sum or price that forms the central financial obligation of the buyer in the transaction.

In practice, kauppasumma is most commonly used in contracts concerning real estate, vehicles, or other valuable goods. It is closely related to kauppahinta, and in many contexts the two terms are used interchangeably. Some usages distinguish kauppasumma as the total amount payable at closing, possibly including taxes or contract-defined fees, while kauppahinta may refer more generally to the agreed price.

The kauppasumma is typically specified in the sale contract and becomes due according to the agreed payment schedule or upon delivery and closing. If the buyer fails to pay, the seller may seek remedies for breach of contract, such as damages or termination, depending on the contract terms and applicable law.

Tax and accounting considerations vary by transaction type and jurisdiction. In real estate and other asset sales, the kauppasumma serves as the selling price for financial and tax purposes. In Finland, capital gains taxation on real estate depends on the sale price relative to the tax basis, and tax rules can be complex, including ownership history, exemptions, and deductions. Other costs, such as notary or transfer fees, are typically separate from the kauppasumma unless the contract explicitly includes them.