Guidance for submitting a transfer tax return
This guidance is for buyers of real estate and shares in housing companies and real estate companies. 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 space or a leisure house.
See other guidance and instructions:
- buyer of shares other than housing-company shares or real-estate-company shares
- buyer of a building without the land
- buyer of shares in a company that operates a golf course.
Transfer tax does not have to paid if the calculation result is less than 10 euros or if you are a first-time homebuyer. However, you must file a transfer tax return in all circumstances.
Individual taxpayers, general partnerships and limited partnerships can file a transfer tax return either in MyTax or on paper. Corporate entities such as limited liability companies can only file a transfer tax return in MyTax. If you have engaged the services of an accounting firm or some other agent, read more about authorisations.
Remember the applicable deadlines
The time when you must hand in your transfer tax return depends on the category of the property you acquire.
If you acquired shares in a housing company entitling you to own a flat, file the transfer tax return in 2 months from the date when you signed the contract. The realtor submits the return for you if you had a realtor assisting you with the contract.
If you purchased a “new property”: a home still under construction or newly constructed, file the return in 2 months after the date of transfer of ownership to you. Do this even if a realtor had assisted you.
If you acquired a real estate unit, file the transfer tax return in 6 months from the date when you signed the deed of sale-and-purchase or other contract.
If you file the transfer tax return late, you must pay either a late-filing penalty or surtax.
File in MyTax
Be ready to retrieve information from the following documents when you are filling in the form:
- The deed of sale and purchase, or other contract
- If you acquired new property or construction, a letter from the builder-developer or the receipt proving the payment of the final instalment
- If you acquired shares in a housing company, you may also need a certificate issued by the building manager that shows the balance of the housing-company loan, etc.
However, if you file in MyTax, you generally do not have to add as many enclosures. A window will appear that tells you whether an enclosure must be attached.
If you buy together with several co-buyers, every one of them must submit a transfer tax return as well. You cannot submit information on the other buyers (such as your spouse) on one return form.
You can save the form as unfinished and continue working on it later.
Filing on paper – do not forget the enclosures
Individual taxpayers, general partnerships and limited partnerships can file a transfer tax return either in MyTax or on paper. More information is available in the instructions for filling in the form.
Enclose the following documents with the signed return form on paper:
- A photocopy of the deed of sale or other contract (if the property only consists of a real estate unit, designated share, parcel of land or lease right, you do not have to enclose the contract).
- If a new property/construction was purchased, a letter from the builder-developer or the receipt proving the payment of the final instalment.
One transfer tax return is only designed for reporting the information on one of the buyers. This means that if you acquire property together with other co-buyer (such as your spouse), every one of the co-buyers must submit their transfer tax return independently.
Sign the completed form and send it to the address stated on it by post, or deliver it to any tax office.
You receive a certificate of transfer tax in MyTax and by letter
We will send you a certificate of your transfer tax in MyTax after both the return and the payment have been recorded in our data system. This means that you will not receive the certificate immediately. The certificate is usually available in MyTax in 2 days after you have paid the tax. It is also sent to you by post.
If a realtor assists you when you acquire shares in a housing company, you will receive an acknowledgement of receipt issued by the Tax Administration from your realtor after he or she has submitted the transfer tax return.
If the housing-company shares are the type that entitle you to start living in a flat of the housing company, hand the certificate over to the building manager. This enables the building manager to enter your name in the list of shareholders.
If you need to make corrections, submit a replacement. You can do this in MyTax or file a paper form that will replace your original transfer tax return. In this case, you must correct the mistakes and also complete the other spaces on the form.
If you submit a replacement by filling out a paper form, remember to tick the “Replacement transfer tax return” box on the first page.
If by this time, you already paid the transfer tax, look up the specific guidance on how to make corrections to the payment and the filed return.
Frequently asked questions
If you had logged in to MyTax to file the transfer tax return, you can see it under “Finished actions”.
If you had sent the form online via Lomake.fi, go to My e-Services and select Saved forms. Saved forms will remain available for two years.
Call our service number on 029 497 022 (standard call rates) if the form you want to look up was sent more than two years ago.
If a realtor (= real estate agent) helps you buy shares of a housing company, or shares of a real estate company, it is their responsibility to submit the transfer tax return to the Tax Administration. The return serves as proof of your having paid the tax; alternatively, it may serve as proof of your status as a first-time homebuyer.
If you are a buyer of new construction, or if you buy a house (= a real estate unit), you must bear the responsibility for submitting the return.
Realtors must file a transfer tax return on the transactions they have worked with by the 15th of the month following the month when the sale, conveyance or transfer takes place. When this is taken care of, your realtor is expected to give you a copy of the acknowledgement of receipt issued by the Tax Administration.
In general, transfer tax must be paid after purchase of shares in a housing company in 2 months after signing the deed of sale-and-purchase or other contract. If a realtor assisted you when you bought the flat or apartment, transfer tax must be paid immediately when the contract is signed. In the future, these deadlines will be exactly the same even if there is a provision for redemption in the housing company’s articles of association.
If a third-party buyer comes forward, invoking their rights as a redeemer of the flat you were going to acquire, they must pay the transfer tax and file a tax return on it in two months after redemption. In this case, you will no longer be the buyer and you can ask for refund of any transfer tax you had paid.