tuloverotuslainsäädäntöjä

The term tuloverotus commonly refers to the taxation of earned income and profits within a jurisdiction. In Finland, tuloverotus comprises municipal tax, state income tax, and, in some cases, church tax for individuals, as well as corporate income tax on profits. The system funds public services and combines local and national elements, applying different treatments to individuals and businesses.

For individuals, the tax base is income after allowable deductions and credits. Municipal tax is collected by municipalities at a flat rate and applies to most earned income. State income tax is progressive, applying to higher income levels. Tax credits and deductions, such as basic deduction, earned income deduction, and work-related deductions, reduce the total tax payable. Taxes are typically withheld at source from wages, and taxpayers may receive a pre-completed tax card and file an annual tax return.

For corporations, corporate income tax is levied on profits of resident and, in some cases, non-resident companies with Finnish activities. The tax base is taxable income after allowable deductions. The corporate tax rate is applied to profits, and losses may be carried forward under certain rules. Dividends and certain payments may be subject to withholding taxes.

Administration and procedure: The Finnish Tax Administration handles tuloverotus, including tax collection, assessment, and enforcement, and provides guidance to taxpayers. Tax is generally self-assessed, with corrections possible through the annual tax settlement process. Taxpayers can appeal decisions within set time limits.

See also: Taxation in Finland; Personal income tax; Corporate income tax; Tax administration.