Deadlines for filing and payment of transfer taxes

The time limits will vary. The deadline for filing and paying your transfer tax depends on the type of property you have acquired, and on certain other circumstances.

 Category of property or asset

File the transfer tax return and pay the tax in 6 months from the date of signing the contract. It is the buyer’s responsibility to complete and file the transfer tax return even if the contract had been prepared with the assistance of a realtor.

If you are a first-time homebuyer, remember to file the return although you have an exemption from transfer tax. Read more about the treatment of a real estate unit (a house) as a first-time home.

Ask for registration of your ownership by confirming the transfer of title to you, or for registration of your lease contract with the National Land Survey in 6 months after you have signed the contract. Please note that you must file a transfer tax return and pay the tax before you can request registration.

File the transfer tax return and pay the tax in 6 months from the date of signing the contract. It is the buyer’s responsibility to complete and file the transfer tax return even if the contract had been prepared with the assistance of a real estate agent.

You do not have to apply to the National Land Survey of Finland for registration of title to your property.

File the transfer tax return and pay the tax in 2 months from the date of signing the contract.  

If a realtor assisted you with the buying, it is their responsibility to file a transfer tax return for you when the contract is signed or, at the latest, by the 15th the next month. Pay the transfer tax at the meeting where the contract is signed.

If you are acquiring a new apartment or house, submit the transfer tax return and pay the tax in 2 months after the ownership rights are passed on to you. This is how to proceed even if the contract had been prepared with the assistance of a real estate agent.

If you are a first-time homebuyer, remember to file the return although you have an exemption from transfer tax. The first-time homebuyer's tax exemption only applies to flats and apartments used for living (not parking spaces, etc.). 

These shares do not entitle you to the right of possession over a space in a building or a unit of real estate. They can also be shares in a Finnish or foreign holding company that owns real estate or buildings.

File the transfer tax return and pay the tax in 2 months after the contract is signed (or if the real estate is treated as “new construction”, 2 months from the date when the right of ownership is transferred to you).

File the return and pay the tax in 2 months from the date of signing the contract.

File the transfer tax return and pay the tax in 2 months after the contract is signed (or if the real estate is treated as “new construction”, 2 months from the date when the right of ownership is transferred to you).

If a real estate agent assisted you with the buying of the time-share or share in a company that owns a golf course, it is the agent’s responsibility to file a transfer tax return for you when the contract is signed or by the 15th the next month. Pay the transfer tax at the meeting where the contract is signed.

 

The time limits that apply on returns filed by securities dealers and auctioneers

Dealers who carry out security trading services must collect transfer tax from the buyer on any sales, conveyances and transfers of securities at the signing of the contract.

If you are a security dealer, you must file a transfer tax return on such transactions by the 15th of the month following the month when the sale, conveyance or transfer takes place. You must file a specific transfer tax return for every contract.

Pay the collected transfer tax on to the Tax Administration by the 15th of the following month. Use your personal reference number for transfer taxes when paying.

 

Parking spaces, storage units, business premises or other spaces (tax 2%)

The buyer must pay transfer tax immediately when the contract is signed, using his or her own reference number for transfer taxes. When the buyer pays the tax, he or she must also file a transfer tax return. The return must be filed in the buyer’s name by the deadline of 2 months from the date of signing the contract.

If the buyer has not paid the tax, the auctioneer must collect it from the buyer. After the auctioneer has done so, the auctioneer must pay the tax on to the Tax Administration using the auctioneer’s reference number for transfer taxes. The auctioneer must then file a transfer tax return in the auctioneer’s name. 

To ensure that the Tax Administration can book the arriving funds correctly in the future, it is important that the party that submits a transfer tax return is the same party that pays the tax.

 

Real estate units, designated shares, parcels of land or leasehold rights, a building without the land (tax 4%)

If you are the buyer, you must file the return and pay the tax in 6 months after signing the contract. Auctioneers are not under an obligation to collect tax if the foreclosure concerns real estate.

Ask for registration of your ownership by confirming the transfer of title to you, or for registration of your lease contract with the National Land Survey in 6 months after you have signed the contract. Please note that you must file a transfer tax return and pay the tax before you can request registration.