Percentage rates of transfer tax
|Real estate and buildings
Examples of real estate include a specific lot, and any house or other building located there – and a subdivision of land with a summer house located on it, or just a building without the land.
|Shares in a housing company, shares in a real estate company
These shares may be for an apartment/flat in a residential building; they may also be for an office, a stall in a parking structure, a storage facility, a golf course membership, a mooring space for a boar, or a leisure house.
|Shares other than housing-company and real-estate-company shares
These shares are corporate stock in a limited-liability company, i.e. shares in a business enterprise that you have bought outside the Stock Exchange. Example: shares in a telephone company.
What kind of property is exempt from transfer tax?
For example, no transfer tax is payable on:
- Your very first apartment or house if you meet certain conditions (you must still file the return)
- Purchases of property with the amount of tax less than €10 (you must still file the return)
- Purchases of a dwelling under the right-of-occupancy scheme
- Purchases of shares, other securities on the Stock Exchange
- Receipts of property when it is given to you as a gift or by last will and testament
- Property that you have inherited or been given as a result of a division of matrimonial property if you have not paid for it with other than the distributable assets – read more about divisions (Changes of ownership after a division of matrimonial property, in Finnish and Swedish)
- Shares you buy in a limited-liability company’s offering of its stock
Have you forgotten to submit a transfer tax return although you have bought shares in a company (such as a housing-company apartment) or bought a house or other real estate?
You will see an Unused transfer tax link on MyTax home page under the Note heading. After you click on the link, a window appears. Check the situation that applies to you and follow the instructions.
If you have not yet submitted a transfer tax return, you can take care of it in MyTax or fill out a paper transfer tax return (Form 6012e). See the instructions.
Note: if you submit the transfer tax return past deadline, you may have to pay a late-filing penalty or a tax increase.
Yes, you are liable for transfer tax. When you receive shares in a distribution of retained earnings, you must file a transfer tax return and pay transfer tax.
The transfer tax is 2% of the value of the share on the date of transfer.
On the date of transfer, 4 December 2020, the volume weighted average price of the Ovaro Oyj share was €4.12.
File the transfer tax return and pay the tax within 2 months from the date of transfer. If the transfer tax is less than €10, the tax does not need to be paid. But even in that case, you will have to file the tax return.
You can file and pay in MyTax. If you are an individual taxpayer, you can also file the transfer tax return on paper, if necessary. Specify the transferred property on the return as “Other share in a housing company”.