corporations and joint administrations
Several changes to the taxes of corporations and joint administrations became effective in November 2017. For example, the supplementary advance payment was replaced by an additional prepayment determined after the end of the tax year. Income taxes are paid under a tax type-specific reference number, and MyTax has replaced the Corporation Tax Online service. Corporations are also required to file their tax returns and any applications concerning prepayments online (e-filing). On 1 November 2017, the legislative changes entered into force for corporations and joint administrations as of the 2017 tax year and for other taxpayers as of the 2018 tax year.
If a corporation’s tax period ends in January or February 2017, their tax assessment will end exceptionally on 31 January 2018.
- A new procedure for prepayments
- Income tax returns to be filed online
- Changes to reference numbers
- Changes to taxpayments, refunds and recovery
For more information on the changes, go to the navigation bar on the left.
- Recording of the webinar (in Finnish).
VAT liability concerning export will transfer from the Customs to the Tax Administration
From 1 January 2018, VAT-registered taxpayers will pay VAT and file VAT tax returns on exports with the Tax Administration. After the change, VAT-registered businesses will be able to handle all their VAT-related tax matters with the Tax Administration. Read more.