Yhtiöverotuksen

Yhtiöverotus refers to the taxation of companies in Finland. It is governed by specific legislation that outlines how corporate profits are assessed and taxed. The primary corporate tax rate in Finland is currently 20%. This tax is levied on the taxable income of a company, which is generally its profit after deductible expenses.

There are several types of companies subject to yhtiöverotus, including public limited liability companies (osakeyhtiö or Oy) and private limited liability companies. The principle of taxation is that the company itself pays tax on its profits. When profits are distributed to shareholders as dividends, these dividends are then typically subject to a second layer of taxation, either as capital income or earned income depending on the amount and the shareholder's status. This is often referred to as "double taxation," although various rules and exemptions exist to mitigate its impact.

Companies can deduct a wide range of expenses incurred in the course of their business operations from their taxable income. These deductions are crucial for determining the final tax liability. Research and development expenses, for instance, often have special tax treatment. The Finnish tax system also includes provisions for loss carryforwards, allowing companies to offset future profits with losses incurred in previous years, thereby reducing their future tax burden. Yhtiöverotus is administered by the Finnish Tax Administration (Verohallinto).