Finnish Tax Authorities’ actions to support companies during the COVID-19 epidemic

• Companies can apply for payment arrangement for taxes and possible late payment interest may not be collected.
• The Finnish Tax Authorities enhance the handling of refunds related to value added taxes (VAT).
• There is no possibility to apply for extension for filing of the VAT return, however companies can request that the Finnish Tax Authorities not collect the late filing penalty.
• In cooperation with the Ministry of Finance, the Finnish Tax Authorities are looking into possible reliefs related to payment arrangements.

Source: PwC

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