Taxation

Would you like your company to stay up-to-date with the ever changing tax regulations?

Companies face tax-related questions both in their day-to-day operations and in special circumstances, such as business restructuring or change of ownership. Tax legislation is constantly changing, which creates tax planning challenges for companies and their owners.

We at Grant Thornton would like to assist you and your company on keeping up with the change. We are experienced in corporate tax and in indirect taxes such as VAT as well as personal tax services. In addition, we advise on tax questions relating to various associations and foundations. Our know-how in international taxation is supplemented by the strong international network of independent Grant Thornton member offices, which is present in more than 100 countries world-wide and builds on the proficiency of over 29,000 skilled advisors.

Our services are customer-focused and flexible. We strive to understand our customers’ special characteristics and unique situations in order to solve their tax questions. Our close cooperation with our auditors allows us to answer our customers’ needs thoroughly.

Corporate Tax

How to minimize your company’s tax burden? How can you carry out an acquisition tax-efficiently?

We offer comprehensive tax advisory for both owner-managed companies and international businesses in various areas of taxation.

We offer a wide range of services including, for example, the following:

• advise on business restructurings and mergers and acquisitions
• advise on VAT, planning and registration
• assistance on withholding of tax and employer obligations
• preparation of tax returns on your company’s behalf, planning and calculating your company’s tax liability
• preparation of advance rulings and preliminary ruling requests together with preparation of exceptional permissions
• assistance in tax audits and correspondence with the tax authorities

International Tax

How to establish a subsidiary abroad? Which country has the right to tax branch income?

International circumstances are the strength of Grant Thornton organization. With 29,000 employees in over 100 countries, we have wide-ranging expertise in the field of international taxation. We assist companies with planning international establishments and private persons moving abroad with their tax related questions, for example, questions concerning their tax liability. Correspondingly, we advise private persons and foreign companies on questions related to taxation in Finland.

We offer you advisory, for example, in the following areas:

• business start-up and decision on which company form would work the best for you
• incorporations and registrations abroad
• evaluation of creation of a permanent establishment
• tax-efficient profit realization
• cross-border mergers and acquisitions
• tax returns of foreign branches and correspondence with the Finnish Tax Authorities
  

VAT and other indirect tax

Are you paying the right amount of VAT?

Many companies are liable to file VAT and Intrastat returns on a monthly basis. This requires quick decision-making and monthly routines from companies. These routines comprise of, for example, both assessment of VAT liability and the exemption of VAT liability, right of deduction and optimization of the payable VAT. We at Grant Thornton understand how to organize your VAT, so that the tax will not amount to any extra costs to your company.

We offer your company advice on both VAT and other indirect tax-related questions, such as customs duty, motorcar tax and insurance premium tax.

Our fields of consultation cover, for example, the following areas:

• international goods and service trade
• domestic trade
• VAT in M&As and other corporate restructurings
• renting and selling of real estates
• creation of fixed establishment in Finland or abroad
  

Taxation of Private Individuals and Preliminary Taxation

How to prepare yourself for working abroad? What kinds of deductions can I make from my taxable capital income?

The tax questions relating to labour markets and compensation require profound know-how and ability to manage complex affairs from domestic as well as foreign companies. These affairs mainly refer to tax legislation and tax treaties between various countries in which the private individuals work.

We assist you together with the assistance of Grant Thornton International’s network on finding the right solutions for your company both domestically and abroad when it comes to tax questions in connection with withholding tax and taxation of private individuals.

We offer the following services to companies and private individuals:

• advise on withholding taxation and obligations of an employer
• domestic tax services for private individuals (tax returns, calculation of dividends etc.)
• tax services for private individuals working abroad
• advise on remuneration and incentive schemes
• advise on inheritance and gift taxation

Additional information:

Helsinki
Tanja Lappalainen, Tax Advisor
Tel. +358 (0)9 5123 3319

Tampere
Marko Vehniä, Tax partner
Tel. +358 (0)40 539 1321

E-mail: firstname.surname@fi.gt.com