levykkainen

Levykkäinen is a Finnish term that translates to "taxable" in English. It is used to describe individuals or entities that are subject to taxation by the Finnish tax authorities. The term is commonly used in the context of personal income tax, corporate tax, and other types of taxes levied by the Finnish government.

The concept of levykkäinen is rooted in the Finnish tax system, which is designed to ensure that all individuals and businesses contribute to the public finances. The taxable status of an individual or entity is determined by various factors, including their residence, citizenship, and the nature of their income or business activities.

In Finland, the taxable status of an individual is typically determined by their residence. Residents of Finland are generally considered levykkäinen and are subject to personal income tax on their worldwide income. Non-residents, on the other hand, are only subject to tax on their Finnish-source income.

For businesses, the taxable status is determined by their place of establishment and the nature of their activities. Finnish companies are generally considered levykkäinen and are subject to corporate tax on their worldwide income. Foreign companies operating in Finland may also be subject to tax on their Finnish-source income.

The Finnish tax system is designed to be transparent and fair, with clear rules and regulations governing the taxable status of individuals and businesses. The tax authorities provide guidance and support to help individuals and businesses understand their tax obligations and ensure compliance with the law.