Taxation of Real Estate Activities: Finnish Tax Board Clarifies VAT and Deduction Rights

Finnish Tax Administration clarified taxation of company’s real estate activities
Company owned shares in real estate joint stock companies and leased properties to VAT and VAT-exempt businesses
Company applied to become a taxpayer to transfer right to use properties
Central Tax Board found activities subject to VAT and entitled to deduction for tax on transfer of right to use properties
Company had right to deduct operational expenses related to deductible activities

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.