Myyntitukea

Myyntitukea is a Finnish term referred to as market allowances. It is a form of value-added tax, which is commonly used in several European countries. The primary intention behind implementing this tax system is to encourage the distribution and sale of goods by businesses, expedite collection of taxes, and minimize taxes levied on intermediate transactions.

Myyntitukea taxation is levied on the distribution, sale, and transfer of goods from wholesalers to retailers. The charge is then collected from the retailers by the wholesaler, and from the retailers by the consumer. This method of consumption taxation makes it simpler to administer and collect taxes associated with intermediate transactions. The ones bearing the tax are the middlemen between the producer and the final consumer.

There are various myyntitukea tax rates applicable in Finland, based on the nature of the products and services being sold. Permitted tax rates can vary from five to 13 percent, depending on the specific instance. However, any tax rates used need to be officially sanctioned and consistent with the state-approved laws.