TAX TREATMENT OF FINNISH BUSINESS FORMS

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Presentation transcript:

TAX TREATMENT OF FINNISH BUSINESS FORMS PROFIT PROFIT PROFIT PROFIT Company tax Company tax PRIVATE ENTERPRENEUR PUBLIC LIMITED LIABILITY COMPANY OYJ PARTNERSHIP LIMITED LIABILITY COMPANY OY dividend dividend dividend dividend A P A P A P A P A P P P ENTREPRENEUR PARTNER PARTNER SHARE HOLDER SHARE HOLDER SHARE HOLDER SHARE HOLDER A = EARNED INCOME P = CAPITAL INCOME Lähde (soveltaen): Kivelä – Nordell. 2001. Yrittäjän oikeutta. Helsinki. WSOY.

TAXABLE CAPITAL INCOME Example: TAXATION OF PRIVATE ENTREPRENEUR INVESTED CAPITAL 200.000 PRIVATE ENTERPRISE 20% PROFIT IN YEAR XX 70.000 OWNER TAXABLE EARNED INCOME 30.000 TAXABLE CAPITAL INCOME 40.000 Modified from: Hulkko - Hyvärinen - Varjola-Vahvelainen - Ohvo 1998. Henkilöstöoikeus. Helsinki. WSOY

TAXATION OF SHAREHOLDERS OF PUBLIC LIMITED LIABILITY COMPANIES DIVIDEND 70% taxable capital income 30% tax free

TAXATION OF SHAREHOLDERS OF PRIVATE LIMITED LIABILITY COMPANIES DIVIDEND 9 % of the mathematical value of the share Capital Income Tax free until € 90 000 / shareholder Of the exceeding part:: 1) Capital income 70% 2) Tax free 30% Earned Income => Taxable 70% Tax free 30%