Taxation
Handling international tax matters requires thorough preparation and case-specific analysis. Often, both Finnish and foreign legislation, as well as international tax treaties, are applied simultaneously. When moving abroad, the connection to Finnish taxation is not necessarily severed, even if the country of tax residence is transferred abroad. Correspondingly, income received from abroad may give rise to tax obligations in several countries, and these must be handled in accordance with the regulations of each country.
Our typical assignments are situations where a person is planning to move abroad – for example, to Spain – or has already settled there. In such cases, we clarify the determination of the country of tax residence, obtain the necessary certificates and prepare tax returns in both Finland and the new home country. For companies, we particularly assess the formation of a permanent establishment, the tax effects of subsidiary arrangements and the taxation of cross-border business activities.
We also assist with:
- applying for advance rulings from the Tax Administration
- questions related to changes in tax status and tax planning for both individuals and companies
- assessment of the conditions for the so-called Beckham system in Spain
- examining and planning tax issues related to ownership and corporate restructurings
- planning comprehensive international tax solutions in situations where the circumstances of an individual and/or company change
In addition, we utilize our extensive international partner network, which allows us to support clients in planning cross-border arrangements, business expansion and tax impacts in different countries.
It is always a good idea to clarify international tax issues in advance. Correcting them afterwards often leads to lengthy official processes and the risk of double taxation and penalty payments.