verokrediitteistä
Verokrediitit, or tax credits, are a mechanism used in taxation to reduce the amount of income tax a person or entity owes. Unlike deductions, which reduce taxable income, tax credits directly reduce the tax liability dollar for dollar. This means a €100 tax credit will reduce the tax owed by €100, regardless of the individual's tax bracket.
There are various types of tax credits available, often designed to incentivize specific behaviors or support
The eligibility and amount of tax credits are determined by specific tax laws and regulations. Taxpayers typically