vähennetyksi
vähennetyksi is a Finnish term that translates literally to “as a deduction” and is commonly encountered in tax documentation and financial statements within Finland. It denotes an item or expense that is recognized as deductible when calculating taxable income, thereby reducing the amount of income on which tax is imposed. The application of vähennetyksi is governed by the Finnish Income Tax Act, which provides detailed criteria for various categories of deductible expenses, such as professional costs, certain medical expenses, charitable contributions, and investment-related costs.
When preparing a tax return, taxpayers identify appropriate expenses and mark them with the notation “vähennetyksi”
In addition to income tax, the concept of vähennetyksi extends to other tax-related contexts, such as the