verotusilmoitukset

Verotusilmoitukset are tax declarations filed with the Finnish Tax Administration (Verohallinto) to report income, deductions, assets and other information relevant to taxation in Finland. They form part of the annual tax assessment process and help determine an individual’s or organization’s tax liability.

They apply to individuals, households, and legal entities. Many standard data are pre-filled from employers, banks and other authorities; the taxpayer must review, correct and supplement as needed. Content includes earned income, business income, capital income, deductions (such as mortgage interest and work-related costs), household information, ownership of real estate, and international income.

Most taxpayers submit verotusilmoitukset electronically via Verohallinto’s OmaVero service; paper forms are still available. In practice, many taxpayers receive a pre-completed tax return which they confirm or revise by the deadline. Deadlines are determined by Verohallinto and vary by taxpayer category and reporting method; after submission, the tax assessment (verotuspäätös) is issued, sometimes with refunds or additional taxes.

Late or incorrect reporting may lead to adjustments, interest on unpaid taxes, and possible penalties; taxpayers can appeal the assessment if they disagree with the decision.

See also: The term is related to verotuspäätös and tax withholding.