Yritysverotuksen

Yritysverotus refers to the system of taxation applied to businesses within a country. In Finland, it is regulated by the Income Tax Act (Tuloverolaki) and the Corporate Income Tax Act (Käsityön edistämiskieli). The corporate tax rate is a flat rate of 20 percent for the year 2023, which applies to the taxable income of both domestic and foreign-owned entities. The taxable base is determined by the corporate profit after subtracting allowable expenses, depreciation of fixed assets, and specific tax credits, and adding in side‑effects such as tax‑free allowances for dividends and capital gains.

The Finnish system allows for separate treatment of different types of income. For example, income derived from intellectual property can be taxed at a preferential rate up to 10 percent if certain conditions are met, encouraging research and development. Losses can be carried forward for five years, providing a counterbalancing mechanism for periods of lower profitability. Corporate tax payments are usually made as advance installments in October, February, and May, with a reconciliation at year‑end.

Recent reforms focus on simplifying tax compliance and reducing the administrative burden. In 2024, the government announced measures to digitise forms and streamline the filing process. The overall objective is to maintain a competitive corporate tax environment while ensuring sufficient public revenue.