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VAT Deduction Rights for Business and Non-Business Activities Under Finnish Law Section 7(1)

  • A engaged in value-added tax liable sales of goods as part of statutory activities in a business form
  • A also had value-added tax liable rental activities
  • A could deduct value-added tax on purchases directly related to these activities
  • A could deduct value-added tax on general expenses related to these activities
  • A conducted other activities not in a business form as an authority
  • A could not deduct value-added tax on purchases related to these authority activities
  • A could not deduct value-added tax on general expenses related to these authority activities

Source: vero.fi

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.

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