The financial sector and taxation

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Transfer tax on dividends distributed as securities

The act on transfer tax will change on 1 January 2025. According to the amended legislation, companies distributing dividends are liable for transfer tax if they distribute dividends as shares or other securities (also known as dividends in kind or in natura). If the dividends are withdrawable on or after 1 January 2025, the company must file a transfer tax return and pay the tax. If the decision to distribute dividends does not specify the date on which the dividends become withdrawable, the company is liable for transfer tax if the decision is made on or after 1 January 2025.

The company can file the transfer tax return on dividends distributed as securities in MyTax starting 1 January 2025.

New versions of the technical guidance documents have been released, taking the new amendment into account.

Read more:

• Dividend distribution as shares or other securities – how the company files and pays transfer tax
• Technical guidance for annual information returns