Pääomaveroina

Pääomaveroina is a Finnish term that translates to "capital taxes" or "taxes on capital" in English. It refers to a category of taxes levied on the wealth or assets of an individual or entity, rather than on their income or consumption. These taxes are designed to generate revenue from the accumulation of financial and non-financial assets.

In Finland, and in many other countries, capital taxes can encompass several specific types of taxation. One prominent example is wealth tax, which is levied annually on an individual's total net worth, including assets like real estate, stocks, bonds, and other investments, after deducting liabilities. However, Finland abolished its general wealth tax in 2006. Another form of capital taxation is property tax, which is a local tax imposed on the value of real estate. Furthermore, taxes on capital gains, such as those realized from selling shares or other assets at a profit, also fall under the umbrella of capital taxation. Inheritance and gift taxes are also considered forms of capital taxation, as they are levied on the transfer of wealth upon death or as a gift. The specific forms and rates of capital taxation can vary significantly between jurisdictions and over time due to legislative changes and economic policy. The rationale behind capital taxes often includes promoting a more equitable distribution of wealth and providing a stable source of government revenue.