lahjoitusvarannon

Lahjoitusvaranto is a Finnish concept that refers to a provision in income taxation that allows individuals to exempt gifts received from general income taxation. Under the Finnish tax system, gifts received by an individual in a given year can be deducted from their taxable income, provided that the gift is in the form of money or other property, and the donor and recipient are not involved in a closely related business or other business relationship.

To qualify as a lahjoitusvaranto, the gift must be in accordance with the general principles of charity and must not be intended to take advantage of the tax exemptions. In practice, this means that gifts of significant value or those given in a way that resembles a sale rather than a gift may not qualify as a lahjoitusvaranto.

The purpose of the lahjoitusvaranto is to promote charitable giving and to encourage individuals to contribute to the public good without being deterred by taxation. By allowing gifts to be exempt from taxation, the government aims to incentivize individuals to donate to causes and organizations that provide social benefits and contribute to the well-being of the community.

In order to benefit from the lahjoitusvaranto, individuals must keep records of their gifts, including details of the gift, the date of gift, and the name and address of the donor. These records must be submitted to the tax authorities as part of the individual's tax return.