Verotyypeistä

Verotyypeistä is a Finnish term referring to types of taxes. Finland has a progressive tax system, meaning that individuals with higher incomes pay a larger percentage of their income in taxes. The primary sources of tax revenue in Finland are income tax, value-added tax (VAT), and property tax.

Income tax in Finland is levied on both individuals and corporations. For individuals, it is progressive, with tax rates increasing with income. This includes municipal tax, state tax, and church tax for members of the Evangelical Lutheran Church of Finland or the Orthodox Church of Finland. Corporate tax is a flat rate applied to company profits.

Value-added tax (VAT) is a consumption tax levied on goods and services. Finland has several VAT rates, with the standard rate being 24%. Certain essential goods and services, such as food and pharmaceuticals, are subject to reduced VAT rates.

Property tax is a municipal tax levied on the value of real estate. The rates vary by municipality, but there are general guidelines set by the state. This tax is paid by the owner of the property.

Other taxes in Finland include excise duties on specific goods like alcohol, tobacco, and fuel, as well as inheritance and gift tax. The tax system is administered by the Finnish Tax Administration (Vero Skatt).