Omaisuusvero

Omaisuusvero is a term that historically referred to a wealth tax or property tax in Finland. In Finnish taxation, the concept of a general wealth tax, levied on an individual's total net worth, has not been a part of the modern tax system for several decades. Instead, Finnish taxation relies on income taxes, consumption taxes, and property-specific taxes.

The term "omaisuusvero" might still be encountered in discussions about historical tax policies or in older legal texts. In contemporary Finnish tax law, various forms of taxation apply to different types of assets. For instance, real estate is subject to municipal property tax, the rates of which are determined by individual municipalities. This tax is levied on the assessed value of the property and is paid by the property owner.

Furthermore, income derived from assets, such as rental income from real estate or dividends from shares, is subject to income tax. Inheritance and gift taxes are also levied on the transfer of wealth upon death or as gifts. Therefore, while a direct "omaisuusvero" in the sense of a general wealth tax is not currently in place, the Finnish tax system incorporates mechanisms to tax wealth and assets through various specific levies and income-based taxation.