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Home BUSINESSRed Cross, refugee homes come under taxation
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Fri, 04 Nov, 2016 01:34:31 AM
FTimes-STT Report, Nov 4
File Photo Lehtikuva.
The tax administration has placed Finnish Red Cross (SPR) reception activities within the scope of VAT and income tax, reported the Finnish language newspapers Ilkka and Pohjalainen. 
 
According to the report, the tax administration has classified SPR reception operations as business activities.
 
SPR Finances and Human Resources Director Tapani Väisänen said the tax authorities decided to tax SPR income for the last fiscal year, the newspapers reported.
 
According to the report, SPR reception centres will need to start paying value-added tax (VAT) beginning next year.
 
The tax officials’ classification means large taxes for SPR, the report said, adding SPR is currently working on rectifying the tax decision.
 
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