Changes in transfer tax processing 1.11.2019

The processing of transfer tax changes in November. EAM will serve companies concerning the transfer taxes as before.

A personal transfer tax reference number will be needed to pay transfer taxes in the future. The persons registered to the Finnish Tax Administration each have their own, personal transfer tax reference number, which is available on the Finnish Tax Administration web service MyTax or from the Tax Administration phone service. Generally, if the person has not been registered as a customer of the Finnish Tax Administration (usually a non-Finnish person), they have to register as one to receive the reference number for transfer tax payment. The registration can be carried out by the persons themselves or by an authorised agent with a power of attorney. The calculation of the amount of transfer tax and the limit values of transfer tax payment remain unchanged. The transfer tax declaration is to be done on a per customer basis. It can be done on the Finnish Tax Administration web service MyTax or with a separate form. The declaration can be carried out by the persons themselves or by an authorized agent with a power of attorney.

These changes complicate the processing significantly compared to what it has previously been. The most notable changes have to do with applying the needed reference numbers, registration of foreign persons and using individual required web forms per person when reporting taxes. The Finnish Tax Administration can not offer a reporting interface concerning the incentives for the needs of the companies. We have recognised the challenges and gone through the key alternatives with the Finnish Tax Administration.

EAM will serve companies concerning the transfer taxes as before. We will gladly go through the process from your company's point of view.

The official fact sheet available on the Finnish Tax Administration web page in Finnish.



Additional information:
Petri Pehkonen, director, operations, Evli Awards Management Oy, tel. +358 9 4766 9425, petri.pehkonen@eam.fi