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This is an unofficial translation into English. The official guidance is available in Finnish and Swedish, the national languages: VH/5596/00.01.00/2025
1 Scope of application of the guidance, and a third-party filer’s obligations to provide information
This guidance concerns the grounds for imposing a negligence penalty under § 22 a of the act on the assessment procedure (Laki verotusmenettelystä 1558/1995) as regards a third-party filer’s obligations to provide information under chapter 3 of the said act.
The grounds for imposing negligence penalties are discussed in the guidance especially in respect of such annual return information that is collected for natural persons’ pre-completed tax returns. Every year, the Tax Administration sends individual taxpayers a pre-completed tax return, which is based on annual return information submitted by third-party filers, such as payors. In order that the pre-completed tax return would be useful, the information that third-party filers submit to the Tax Administration must be correct, submitted in the right method and at the right time. The annual return information is also used in the tax assessment of corporate taxpayers.
A negligence penalty laid down in § 22 a of the act on the assessment procedure can be imposed if a third-party filer neglects its obligation to provide information. The penalty is determined based on the amount of reportable information, for example, because the amount of missing or incorrect information has a notable effect on the accuracy of the taxpayer’s pre-completed tax return.
This guidance is not applied to negligence penalties imposed in the following situations:
- The guidance does not apply to the obligation to report information to the Incomes Register in accordance with the act on the income information system (Laki tulotietojärjestelmästä (53/2018)). With regard to the Incomes Register, the guidance on the third-party filer’s negligence penalty relating to the obligation to submit information to the Incomes Register (VH/5794/00.01.00/2025) is applied. The guidance is available in Finnish and Swedish.
- Further, this guidance is not applied to negligence penalties imposed by virtue of § 39 of the act on the assessment procedure for self-assessed taxes (Laki oma-aloitteisten verojen verotusmenettelystä 768/2016), nor to negligence penalties for neglecting to submit a recapitulative statement, imposed by virtue of § 168 a of the Value Added Tax Act (1501/1993) . In these cases, the guidance on penalty fees in self-assessed taxation (VH/5997/00.01.00/2024) is applied. The guidance is available in Finnish and Swedish.
- This guidance is not applied to negligence penalties imposed in situations referred to in § 17 a–f of the act on the assessment procedure (FATCA and DAC2/CRS, DAC6, DAC7). These situations are govered by the guidance on the third-party filer’s negligence penalty relating to the obligations laid down in § 14 f and 17 a–f of the act on the assessment procedure (VH/3508/00.01.00/2025). The guidance is available in Finnish and Swedish.
- This guidance is not applied to the payment service providers’ obligation to provide information under § 29, subsection 7 of the act on the assessment procedure for self-assessed taxes. Instead, the guidance Negligence penalty for a third-party filer regarding payment service providers’ cross-border payments (VH/6821/00.01.00/2024) is applied.
The Tax Administration’s decision on the general obligation to provide information (VH/6280/00.01.00/2025) provides in greater detail for third-party filers’ obligation to report annual information for purposes of tax assessment. The decision is fully available in Finnish and Swedish, and an unofficial translation of specific sections also available in English. The filing deadline and filing method are specified in § 43 and § 44 of the decision.
Rules regarding the filing deadline and method are also found in the following decisions issued by the Tax Administration (available in Finnish and Swedish):
- Tax Administration decision on the obligation to report information in the construction sector (VH/6685/00.01.00/2024), and
- Tax Administration decision on the general obligation of interest payors referred to in the act on tax-at-source imposed on interest income (Laki korkotulon lähdeverosta 1341/1990) to provide information (A70/200/2016).
2 Filing deadline
The annual information return must arrive at the Tax Administration by the filing deadline. If the due date for filing falls on a Saturday, Sunday or other holiday, the return must arrive at the Tax Administration on the next business day at the latest.
As a rule, annual information returns must be filed by 31 January. In 2026, the date falls on a Saturday, so the actual filing deadline is 2 February 2026.
The filing deadline of the following annual information returns is other than 31 January:
- Annual information returns on interest income subject to tax at source must be filed by 15 February. In 2026, the actual filing deadline is 16 February 2026.
- Annual information returns on shareholder loans must be filed by 24 February 2026.
If you cannot file the annual information return by the due date, you can request an extension.
3 Method of reporting
The Tax Administration's decision on the general obligation to provide information (VH/6280/00.01.00/2025) lays down the filing method for different annual information returns. In principle, the information can be filed electronically in the Tax Administration’s electronic reporting services or on the Tax Administration’s paper form. However, certain returns can be filed only electronically. More detailed information about the returns to be filed electronically and about the special situations in which returns must be filed electronically can be found in the provisions on the method of reporting laid down in the decision on the general obligation to provide information.
4 Applying for an extension for filing
If you want to request an extension of time for filing an annual information return, you must submit an application to the Tax Administration before the end of office hours on the original due date of the annual information return at the latest. If the application arrives later than that, it is considered to have arrived late and will not be processed. Only for a special reason can an extension be granted for an application that has arrived after the original due date.
An extension of time for filing an annual information return can be requested orally or in writing. If the due date for the annual information return is 31 January 2026 (a Saturday, so the actual filing deadline is 2 February 2026), an extension can be granted until 3 February 2026 by phone. If you need a longer extension, you must apply for it in writing. If you file a written application where you justify your request, the Tax Administration can grant you an extension up until 9 February 2026. If the deadline for the annual information return is 24 February 2026, the application must be submitted in writing. The annual information return must arrive at the Tax Administration by the new deadline granted on the basis of your application.
The free-form application must contain the following information:
- date
- name of party with reporting obligation
- Business ID or personal identity code
- annual information return for which an extension is requested
- new deadline requested
- reason(s) for applying for an extension
- contact information of the party with a reporting obligation or of their representative.
5 General regulation regarding negligence penalties
If a party obliged to file annual information returns neglects the obligation, a negligence penalty under § 22 a of the act on the assessment procedure may be imposed. The penalty may be imposed for neglecting a general or a specific obligation to provide information.
The penalty amount depends on how serious the neglect is. The penalty is determined as hundreds of euros, so the minimum penalty is €100. The party with an obligation to provide information must always be heard before a negligence penalty may be imposed.
A negligence penalty of no more than €2,000 may be imposed if
- there is a minor omission or error in the return or in other information or document submitted to fulfil the obligation to provide information or another obligation under chapter 3 of the act on the assessment procedure, or in the procedure followed, and the party required to provide information has not corrected the matter although a request to do so has verifiably been sent;
- the party required to provide information has submitted a report, information or document late without a valid reason; or
- the party with an obligation to provide information has submitted the information by using a method other than decreed by law or specified by the Tax Administration.
If there are substantial omissions or errors in a return, other information or a document submitted by the party to fulfil the obligation to provide information or another obligation under chapter 3 of the act on the assessment procedure, or in the procedure followed, or if the party has not corrected the matter until after a request to do so had verifiably been sent, a negligence penalty of no more than €5,000 can be imposed.
If the party with an obligation to provide information has intentionally or through gross negligence submitted a substantially incorrect return, other information or document to meet the obligation or has failed to submit a return at all, or if the party has intentionally or through gross negligence substantially neglected another obligation under chapter 3 of the act on the assessment procedure partly or in full, a negligence penalty of no more than €15,000 can be imposed.
When imposing the negligence penalty, the Tax Administration also takes into account the amount of information that the party is obliged to report.
No negligence penalty is imposed on a natural person or death estate unless the neglect relates to an obligation to provide information about business activities or agricultural or forestry operations.
The negligence penalty is not deductible as an expense in taxation.
Late-payment interest is collected on an imposed, overdue negligence penalty in accordance with § 5 a of the act on surtax and penalty interest (Laki veronlisäyksestä ja viivekorosta 1556/1995). The interest for late payment accrues from the day following the due date stated in the decision up until the date of payment. The late-payment interest on an overdue negligence penalty is not deductible in income taxation.
A negligence penalty can be imposed both for neglecting the obligation to provide information and for neglecting other obligations, such as due diligence obligations. The negligence penalty is specific to a return and to a data flow.
6 Determination of a negligence penalty
A negligence penalty is imposed separately on each annual information return that is missing, substantially incorrect or filed late, and for failure to reply to the Tax Administration’s request for additional information in an acceptable way. When the negligence penalty is determined, it is possible to take into account the total number of the filer’s cases of neglect and missing recipient itemisations, the number of times the filer has been requested to submit the missing annual information return, the financial value of the reportable information, and the actual filing date of the annual information return. A negligence penalty can also be imposed if the annual information return is not submitted in the method specified by the Tax Administration. If the annual return information is not filed by 6 March 2026 or at all, the penalty will be higher. In the case of repeated neglect, the negligence penalty will be raised.
7 Negligence penalty amount
The negligence penalty is determined in accordance with the table below whenever there are no special reasons for reducing or increasing the amount. In general, the amount in determined based on the euro-value of the party's reportable information or on the number of recipient itemisations in the annual information return, whichever is higher.
| Information not reported or reported incorrectly due to neglect |
Recipient itemisations arrived late or a wrong method was used, or the party with an obligation to provide information has been requested to file an annual information return, or no acceptable reply has been received to an information request |
No annual return information was submitted by 6 March 2026 | |
|---|---|---|---|
| Number of recipient itemisations / annual information return | Reportable information in euros | ||
| 0–4 | less than €5,000 | --- | €300 |
| 5–20 | €10,000–€50,000 | €100 | €400 |
| 21–50 | €10,000.01–€50,000 | €200 | €800 |
| 51–100 | €50,000.01–€100,000 | €300 | €1,600 |
| 101–200 | €100,000.01–€500,000 | €500 | €2,000 |
| 201–700 | €500,000.01–€1,000,000 | €1,000 | €3,000 |
| more than 700 | more than €1,000,000 | €2,000 | €5,000 |
If a party with an obligation to provide information has intentionally or through gross negligence submitted a return, other information or document that is substantially incorrect or has not submitted a return at all, or if it has intentionally or through gross negligence neglected some other obligation under chapter 3 of the act on the assessment procedure either partly or in full, the amount of negligence penalty is always at least twice the amount indicated in the above table but no more than €15,000. The limit of €15,000 is applied separately to each year of payment and each return.
For a justified reason, the Tax Administration can reduce the negligence penalty or not impose it at all. A justified reason is, for example, if the neglect is minor in view of the circumstances.
8 Determining the financial value of information
The financial value of the reportable information in accordance with the table in section 7 (Negligence penalty amount) is determined for different annual information returns based on the following items:
| Annual information return | Item determining the financial value |
|---|---|
| Annual information return on interest paid to non-resident taxpayers (VSRKOERI) | Amount on which tax was withheld at source (317) |
| Annual information return on other payments to non-resident taxpayers (VSRMUERI) | Amount on which tax was withheld at source (317) |
| Annual information return on dividends paid to nonresident taxpayers (VSROSERI) | Dividend / profit surplus (gross) (317) |
| Annual information return on timber purchase and forest insurance payments made to forestry operators (VSPUERIE) | Selling price or insurance payment excluding VAT (445) |
| Annual information return on equity savings accounts (VSOSAKET) | Portion of profits included in withdrawals (356), and Loss from equity savings account on date when account is terminated (359) added together. |
| Annual information return on dividends, itemisation section (VSOSERIT) | Gross amount of dividends (234) |
| Annual information return on profit surplus of a cooperative society, itemisation section (VSOKERIE) | Profit surplus (gross) (234) |
| Annual information return on trade union membership fees and unemployment fund fees (VSATMAKE) | Amount of trade union membership fees and unemployment fund fees (172) |
| Annual information return on insurance indemnities paid to business operators and farmers (VSVMAKSE) | Amount of asset management fees (297) |
| Annual information return on public financial support (VSJTUETE) | Support paid (203) |
| Information on loan principal and loan interest (VSLAINAE) | Interest paid (104) |
| Annual information return on asset management fees (VSOMHOIE) | Amount of asset management fees (224) |
| Annual information return on work income (VSTYOTUE) | Amount of work income (275) and Insurance contributions paid (278) (added together) |
| Annual information return on premiums of voluntary pension insurance contracts and deposits to individual retirement accounts (VSELVAKE) | Deductible payments related to a voluntary individual pension insurance or long-term savings agreement (183) |
| Annual information return on transferred foreign dividends (VSULKOSE) | Gross amount of dividends (transferred from abroad) (281) |
| Annual information return on other payments treated as earned income or capital income (VSMUUAPT) | Taxable portion (214) |
| Annual information return on payments of interest and aftermarket bonuses as governed by the Income Tax Act (VSTVERIE) | Amount of payment or value of shares (534). Payment types 2G and 3L are not included in the amount. |
| Annual information return on grants paid (VSAPURAE) | Amount of grant paid (141). Amounts reported with payment type 2 of recovery are not included in the amount. |
| Annual information return on purchase and sale of securities (VSAPUUSE) | Transaction price or redeemed price (149). Itemisations where the purchase and sale code is 1 are not included in the amount. |
| Authorised intermediary’s annual information return (WRP101) | Dividend amounts reported at Investor>Payment>Gross and OtherAI>Payment>Gross. |
| Listed company’s annual information return on dividends paid to non-residents (WRP102) | Dividend amounts reported at Investor>Payment>Gross and OtherAI>Payment>Gross. |
| Return on deduction details of deductions for student loans (VSOPLLYH) | Repayments made (200) |
| Annual information return on capital refunds taxable as capital gains (VSPAOPAL) | Amount of capital refund (242) |
| Annual information return on a non-listed limited liability company’s share issue to employees (VSLISTHA) | Number of share subscribers |
| Annual information return on a natural person’s donation deduction (VSLAHVAH) | Donation amount (196) |
| Annual information return on shareholder loans treated as capital income and on their repayments (VSOSLAIE) | Amount of shareholder loan raised (228) and Amount of shareholder loan repaid (235) |
9 Adjustment and appeal
The parties with an obligation to provide information and the Tax Recipients' Legal Services Unit can appeal against a decision made by the Tax Administration on the negligence penalty by submitting a written claim for adjustment to the Assessment Adjustment Board.
The claim for adjustment must be submitted within 60 days of the date when the Tax Administration’s decision was communicated to the party with an obligation to provide information. For the Tax Recipients’ Legal Services Unit, the time limit is 60 days from the date of decision.