The Valuation Of The Tax Law Resources

Original Language Title: Laki varojen arvostamisesta verotuksessa

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In accordance with the decision of the Parliament, provides for: the scope of application of article 1 of Chapter 1 of the General provisions of the income tax Act (1535/1992) to the company and referred to in the Group's share capital by a shareholder of the underlying net assets, as well as the value of the share of the real estate tax base, as well as the mathematical value of the property shall be calculated in accordance with this law.
Chapter 2 of the stock of the company's net worth and the value of the net assets of the company share Share the mathematical section 2 of the non-listed company net assets section 33 (b) of the income tax Act: the company's share of the domestic tax years referred to in the mathematical value is calculated in the tax year preceding the year in respect of the company's financial statements in accordance with the decision on the basis of the revised net asset value. The company's net worth of the company's assets after deduction of the liabilities of the company.
The company's assets are in the company's operation, Exchange, investment and financial assets, as well as any other kind of assets and long term expenditure, which is the value of the property. Resources does not, however, be deemed to be the accounting Act (1336/97) in Chapter 5, in accordance with article 18 of the deferred tax assets.
Liability is considered off-balance-sheet liabilities in a foreign capital balances. Liability shall also be considered: 1) to the institution, as well as compensation and liability insurance premiums to the pension insurance institution of the Foundation and the rest of the underwritten on the basis of the criteria resulting from the pension commitments calculated pension plan;
2) as income from business activities tax (360/1968) referred to in article 48 (a) of the statutory pension insurance activities of the insurance company's solvency in order to improve the reservation;
3) equity loans when it is economic in nature.
Liability shall not be considered in Chapter 5 of the accounting Act, in accordance with article 18 of the deferred tax liabilities.

section 3 of the valuation of the company's assets, the value of the asset is considered the nominal value of the Financial assets and other financial assets to the cost of the acquisition, both of which have been made to article 17 of the law on the taxation of income from business activities referred to in arvonalentumisvähennykset. The value of the Ulkomaarahan of a given asset, however, is considered in Chapter 5 of the accounting Act, the amount referred to in paragraph 3.
The value of the inventories, the cost of which shall be deemed to have been deducted from the income tax Act, section 28: (1) as referred to in sub-section arvonalentumisvähennys.
The value of the investment property, it is considered the cost of the acquisition and of the law on the taxation of income article 5 referred to in paragraph 6, the total number of the sales increase, which is reduced to the arvonalentumisvähennys referred to in article 29 of the law.
The use of the property, as well as the long term expenditure, which is the value of the value of the property at the end of the tax year, the income tax shall be considered without deleting the value.
Other than the Exchange or investment of the assets of the real estate, construction, and construction is valued at nominal torque (1) and (4) by way of derogation from the reference value in the year preceding the tax year, if it is poistamatonta the cost of the acquisition. The forest as a reference value shall be considered the value referred to in article 7, and article 20 of the Agriculture of the country as a reference value for the value property tax under the Act (656/1992), referred to in section 3 of the property as a reference value for the reset, as well as the rest of the property as a reference value for the value of this tax provided for in Chapter 5 of the Act. (10 November 2006/966)
Other than the Exchange or investment of publicly traded securities and mutual fund shares and the shares of the company as referred to in this chapter are valued at the sum of 1 and 4 by way of derogation from articles within the tax year preceding the year in 4, 5 or 5, as referred to in (a) the reference to the value of the article, if it is greater than the sum of the poistamatonta the cost of the acquisition. On 1 January 2006, acquired on or after housing and to manage an apartment provided for the shares of the company, however, the real estate valuation for tax purposes without the cost of the acquisition cost plus the cost of the transfer of the jälleenhankintavarauksella. (10 November 2006/966)
Non-business assets are valued at, respectively, where applicable, within the meaning of this article.
If the company's financial year ends on 30 September or before that, the company's real estate, and construction of the building as a reference value, as well as securities for the purposes of this article, taken together as a reference value shall be considered by way of derogation from article 5 and 6 of the tax years preceding the year of the reference period prior to the year value.

section 4 of the company's assets belonging to the listed securities of a listed security of the reference value in the reference value is 70% of the value of a security in accordance with the decision of the exchange rate at the balance sheet date.
Listed securities in securities and derivatives, which are traded on trading in financial instruments Act (754/2012) the meaning of a regulated market or on another regulated market and the market authority outside of the European economic area. (14.12.2012/777)
Mutual funds (48/1999) the second paragraph of article 2 and to the UCITS referred to in paragraph 10 of the Fund and the proportion of the fair value of the reference value shall be considered as 70%.

Article 5 of the company's assets belong to the rest of the company's share benchmark comparison of a non-listed company's share value is calculated from the calculation of the mathematical provisions in accordance with the value of 2 – 5 subject to subsection.
The calculation of the net assets shall be reduced by the reference value for the dividend. The benchmark may not be higher than 50% higher than the previous year's reference value. If the previous year's reference value is zero, it is considered a reference to the tax year and the average of the previous year's reference value.
The increase of the share capital, occurred during the tax year and the reduction of the acquisition of shares in the company, the redemption and the rest of the face value of the share or the accounting and disclosure of the value of the change is taken into account in calculating the benchmark value, for example, if a stock shares issued in the share subscription period has expired or the shares are acquired or disposed of before the end of the tax year, or if any other change is registered in the commercial register before the end of the tax year. The company's net worth is calculated in such a way that the net assets of the company will be added to a new pay equity and in the transfer of shares shall be reduced by the amount received, as well as the reduction in the share capital, and the acquisition of the company's shareholders to redeem the shares and the amount paid.
Comparison of the value of the shares shall be obtained by dividing the number of shares in the new new net worth.
The comparison of the conversion of the value of the share in the previous year the benchmark value, for example, for the assessment of the previous year, comparable to the way that the sum of the reference to the value of the shares will be added to the company entered a new pay equity and deducted from the redemption of shares and reduction of the share capital and the company's shareholders the acquisition due to the amount of paid-in capital. The new value of the share capital shall be divided by the number of the new shares.

(5) (a) section (10 November 2006/966) in the assets of the company, the shareholders of the value of the company's apartment-the comparison of before 1 January 2006, the company's shares acquired by the housing and real estate management of the apartment provided for a right of the company's shares, the benchmark is a wealth Tax Act (1537/1992) calculated according to the taxable value of the year 2005.

section 6 of the company's assets of the foreign company's share benchmark, as the reference listed in accordance with the foreign company's share value is calculated, mutatis mutandis, to article 5.

section 7 of the company's assets, the value of the reference value of the forest, the forest of the reference shall be considered as the average annual return on the forest, multiplied by 10. Forest is read from the ground and trees.
Forest land for growing of wood used or intended to be read in the country, with the growth of the site to suit the täystiheän tree of average growth in the highest average yield as the rotation period of at least 1 cubic metre per hectare kuorellista frame of wood per year. Return to read this as a country less worse. (10 November 2006/966)
The tax administration shall be fixed each year by the average annual revenue per hectare of forest to municipalities so that the change in the average of the fiscal year 2005, compared with the change in the consumer price index to a clean return since September 2005, is responsible for the fiscal year to September. (11 June 2010/505)
If, during the tax year of the Division due to a change in the average annual income is set out in the Woods last differ from each other in different parts of the forest, the average annual income is regarded as the last date set for these areas in relation to the income level of the weighted average of the surface.

the valuation of the company's liabilities the company's liabilities of section 8, shall be valued at their face value. If the debt is tied to the index, or other reference base the reference base, it shall be in accordance with the changed value. Liabilities denominated in foreign currency are valued at the book in Chapter 5 of the law within the meaning of paragraph 3.

The share value of the the value of the mathematical section of the share the share of the 9 mathematical mathematical value is calculated by dividing the amount of the company's revised net asset value by the number of shares outstanding. The company's own shares acquired by lunastamat and otherwise is left with the exception of when calculating the value of the mathematical.

section 10 of the New company's share valuation


The new company, which will not be considered to have been established by the existing agent, a profession, or agriculture or forestry or for further action by the community and by the first financial period is not the start of the fiscal year, ended before the math to considered the nominal value or, where there is no nominal value, or, if the company or its shareholders the nominal value, or par value, the higher the share subscription price.

the amendment to section 11 of the action moved to the assets and liabilities of the assets and liabilities of the previously completed operations are the same values of the action shape to the amendment moved to the newly established company, the company's net worth is calculated out of any activity in the year preceding the last financial statements, drawn up on the basis of a decision of the tax. If you change the company form only a part of the assets and liabilities is passed to the company, only moved to the assets and liabilities of the company's net assets are taken into account in the calculation.

section 12 the increase in share capital, changes in share capital If there has been the beginning of the fiscal year following the fiscal year has ended, the previous most in the context of the increase in the value of the new shares and the nominal value of the shares in the fiscal year concerned shall be deemed to math. Shall be deemed, in the absence of a value the counter book value of each share or, if the company or its shareholders so the value of the nominal value or accountable par-the higher the exercise price.

section 13 of the company's merger and Division of companies, merger, Division and similar changes will take into account separately when calculating the value of the mathematical.
If the merger is to come into force by the end of the financial year to which the dividend will be distributed, and the dividend is raised up to the end of the calendar year in which the fiscal year is closed in the case of a merger, the acquiring company, and generated a new company can be calculated as the sum of the net assets of the acquiring company and the shareholders of the merging companies ' net varallisuudet. The assets of the acquiring company does not, however, be excluded from its owned shares in the acquiring company. If the consideration for the merger is composed of more than to the host of the company's shares, the assets of the acquiring company shall be taken to reduce this also into consideration. Share a mathematical value shall be obtained by dividing the net assets of the acquiring company or the new company by the number of shares outstanding.
The distribution of the company being divided and the recipient company are taken into account when calculating the value of the share, in accordance with a mathematical analogy, what the Act provides.

section 14 of the appeal by way of derogation from the procedure laid down in the law of taxation (1558/1995) provides for the right of appeal, to the value of the mathematical form of the shareholders may be appealed by the share of the value of the company, is the question.
Chapter 3 the rest of the company's business and the net assets value of the company's business activities, section 15, of the rest of the net worth of the income tax Act, paragraph 38 and 40 business net worth is the residual, which is when the funds are deducted from the company's business activities.
Of the income tax Act, section 4 of the business referred to in paragraph 1 of the Group's business assets are not considered members of the group assets.
The natural resources of the estate shall not be considered a person's interest rate and domestic source of income tax Act (1341/1990), the law of the debt referred to in records and not in the meaning of the deposit, even if the deposit is not paid interest on deposits and bonds, and not the tax relief Act (Regulation (EC) No 726/1988) non-taxable within the meaning of the deposit. The same also applies to the similar to the deposits in the European economic area and the services provided to the public within the European economic area to be a body governed by public law, or in the European economic area by the reporting entity koronmaksajan bonds.
Liability is not considered a company's own capital and funds, or other than in section 2 of the third paragraph of the reservations referred to in paragraph 2.
Liability referred to in paragraph 3 is not considered deposits and bonds on the debt.

section 16 of the company's valuation of the company assets, section 3, 1-6, as provided for in paragraph.

section 17 of the company's liabilities, valuation of the company's liabilities are shown in the manner laid down in article 8.

section 18 of the rest of the value of the property Other than in the circumstances referred to above in this chapter, the assets of the firm, belonging to the property are valued at the fair value, at the end of the tax year in which it was in the possession of the owner and the place where the property was. Current value shall mean the likelihood of a transfer of the property price.
Chapter 4 the rest of the company's net worth and the value of the net assets of the Agricultural section 19 of the income tax Act, paragraph 38 and 39 of the agricultural net worth is a remnant of the agricultural funds shall be deducted from liabilities.
Agricultural assets does not include: 1) financial resources and assets;
2) of this Act within the meaning of article 31 of the farm of the benefit due; (10 November 2006/966) 3) a taxable person for the purposes of the agricultural production by domestic animals;
4 their agriculture products by the taxable person;)
5) agricultural seeds, fertilisers, acquired in the exercise of concentrates and other similar equipment;
6) aid granted to the farmer and a strengthened CAP-farm support.

section 20 of the value of agricultural land, the value of agricultural land and its vegetation is considered, the average annual return on agricultural land, multiplied by seven. Ladies and gentlemen, agricultural land is considered arable land, gardens and agricultural use of natural meadows and natural pastures. (10 November 2006/966)
In the area of agricultural use shall be deemed to have finished when the or endemic, when an area is taken for any other use, or has been inactive for ten years. If the metsittämättömästä of agricultural land was the subject of an agreement, which restricts the use of land for agricultural use, metsittämätön agricultural land shall be deemed to be the period of validity of the agreement. (10 November 2006/966)
The tax administration shall be fixed each year by the average annual revenue per hectare by municipality of the field in such a way that the change in the average annual returns as compared to the last established corresponds to the change in the consumer price index since September of the year preceding the tax year, the tax year to September. (11 June 2010/505)
If, during the tax year of the Division due to a change in the average annual income is set out in the field for the last time is different in different parts of the field by the average annual income of the last, will be held in relation to the income level of the weighted average of the area.
Salaojitetun the value of agricultural land will be added each year per hectare fixed by the tax administration. Drainage for shall be determined in such a way that the change in the allowance corresponds to the most recently established for the drainage of the consumer price index since September of the year preceding the tax year change in the fiscal year to September. (11 June 2010/505) of section 21 of the Agriculture building on the value of the value of agricultural production in the building construction on agricultural land provides for equivalent multiplied by 20 of the prescribed value of four. The building consists of the land under the building, as well as in the immediate vicinity of the garden.
The value of the construction of a residential building on Agriculture laid down by article 29.

section 22 of the Agricultural value of the value of an apartment building in a residential building on Agriculture laid down as 30.

Article 23 of the code of the value of the agricultural production structure, the agricultural production of the building or the building's value at the end of the tax year for income tax shall be deemed to be the acquisition cost of the building and structure without removing the part of the.

section 24 of the Agriculture separately from CAP-farm value separately from CAP-farm at the end of the tax year of the entitlement to the aid shall be the acquisition cost of the personal income tax without deleting the part.

section 25 of the value of Agricultural machinery and equipment, agricultural machinery, equipment and appliances to be considered at the end of the tax year for income tax without removing the part of the cost, however, is not the number of the fair value of a higher level.

section 26 of the net asset value of the share of the agricultural sector and agriculture, the value of the shares will be held 4-6 of the reference value.
The share of the agriculture cooperative value is calculated from the percentage of the amount of the payment. Is accompanied by special interests, that require a derogation from this procedure, the taxable value shall, if necessary, be adopted in accordance with the proportion of what share of a mathematical calculation of the value.

Article 27 the rest of the value of the property in the circumstances referred to in this chapter, Other than agricultural assets are measured at the fair value of the assets belonging to it, as it was at the end of the tax year in the possession of the owner and the place where the property was. Current value shall mean the likelihood of a transfer of the property price.
Chapter 5 of the taxable value of the property in accordance with § 28 of the taxable value of the property Property taxable value of the land and buildings for explicitly.

the taxable value of the land on which the property article 29 of


The land value for tax purposes, regard shall be had to the intended use of the real estate, construction, location, transportation, convenience stores for construction purposes, the degree of preparedness of the quality of jobs, infrastructure applications, and the location of the corresponding properties in the community on the basis of the prices paid in free trade under normal conditions found in a reasonable price level. Maapohjana is also considered as a kind of farm of the ground occupied by buildings, which is a fixed layout. The value of the land on which the tax is also entitled to the entry into force of the built or under construction, and the rapids in the water.
At a farm belonging to the ground occupied by buildings, of which the taxable person has sold and continues to sell land for construction purposes, the value determined in accordance with the provisions laid down under, where applicable. In addition, account must be taken of the ground occupied by buildings in the area, as areas of the country and the share of the affirmation in the form and it's time to elapse before the country most likely to be used in the construction.
If the plot or building on the right of the building has not been used to the full amount of the value of the buildings and does not have a plot of land, compared to the value of the value of the land, shall be reduced by a reasonable.
The tax authorities in respect of each month, shall be fixed each year for tax purposes, the more detailed the basis for calculation, according to which the taxable value of building land will be calculated. A change in the basis of calculation of the tax administration may limit the inconvenience caused by the annual increase in the tax values. (11 June 2010/505) section 30 (18.11.2013/812) the taxable value of the building and the construction of the building, construction and hydro-electric power plant replacement value minus the value to be considered in the following annual ikäalennuksilla: 1) wooden residential, Office, and the rest of the building and the comparison of 1.25% of the k 1%;
2) wooden shop, warehouse, factory, workshop, and the rest of them compared to the building, as well as other than water power plant, belonging to the power station by 5% and in Rocky 4%;
3) inventory and the rest of the edifice of 10%;
4) water power plant, belonging to the building, dam, pool and the rest of the edifice of 1 percent;
5) immediately serving the construction or operation of the nuclear power plant construction 2.5%;
6) wind power plant, belonging to the building, and the edifice of 2.5%.
The Ministry of finance, the regulation provides for a closer look at the replacement value.
If the building or structure is damaged or otherwise lost its value more than ikäalennukset require the replacement value shall be reduced by an amount corresponding to depreciation. If the building or structure is it after the completion of the complete revitalisation or major maintenance operations, it is at the discretion of the ikäalennusta reduced.
Use of the building or structure to be considered without prejudice to the provisions of paragraph 1, less than 20% of the value of the replacement cost of the building or structure. A residential building is, however, at least 30%, as well as those referred to in paragraph 1 of the 4 to 6, the value of buildings and constructions of at least 40 percent of their replacement cost value.
Section 30 Amended L:lla 812/2013 entered into force 1.12.2013. The previous wording: article 30 of the taxable value of the building and the construction of the building, construction and hydro-electric power plant replacement value minus the value to be considered in the following annual ikäalennuksilla: 1) for residential, Office and the rest of them to be compared with the construction: wooden 1.25% and 1%;
2) shop, warehouse, factory, workshop, and the rest of them compared to the building, as well as other than a water power plant generating station: wood 5% and 4%;
3) inventory and the rest of the edifice of 10%;
4) water power plant, belonging to the building, dam, pool and the rest of the edifice of 1%;
5) immediately serving the construction or operation of the nuclear power plant in the edifice of 2.5%.
The Ministry of finance, the regulation provides for a closer look at the replacement value.
If the building or structure is damaged or otherwise lost its value more than ikäalennukset require the replacement value shall be reduced by an amount corresponding to depreciation. If the building or structure is it after the completion of the complete revitalisation or major maintenance operations, it is at the discretion of the ikäalennusta reduced.
Use of the building or structure to be considered without prejudice to the provisions of paragraph 1, less than 20% of the value of the replacement cost of the building or structure. Under paragraph 1, as referred to in paragraphs 4 and 5, the value of the buildings and constructions are considered to be at least 40 percent of their replacement cost value.

section 31 (10 November 2006/966) the taxable value of Certain benefits, as well as farm production building and construction on the taxable value of a stone, gravel, clay and peat or other equivalent benefit, which is used for any purpose other than agriculture or forestry for their own needs, to be considered must be the capital value, at the end of the tax year in which the benefit is calculated on the income of the beneficiary of the pure duration, and according to the interest rate of 8%.
By way of derogation from the above in this chapter, shall be deemed to belong to the agriculture and forestry: 1) the production of a building at the end of the tax year of the tax to the income tax without removing the part of the building and construction cost; and 2) production of building construction on the land under the building, which includes, as well as in the immediate vicinity of the garden, to a corresponding to the agricultural land under section 20 of the prescribed value multiplied by four.

31 (a) section (10 November 2006/966) other agricultural land, agriculture land value shall be deemed to be zero.
Another area of the farm economy is considered, which is not on a regular basis to get the return on the market in agricultural or forestry. Such areas include, for example, agriculture and forestry, waste ground, at least 10 feet wide, the Executive Board of the transmission lines and half of the edge of the zone, as well as the management of the structure gauge at least five feet wide ditches, pipelines and roads built with necessary ojituksella. Private road tiealueeseen is read from the actual land-use areas, such as roadway, banks, as well as forest land bordering on the road side ditches page measured from the outer edge of the ditch 0.5 m wide in the border zones.

the value of the maximum Property tax article 32 if the real estate property tax values of the sum of the components and benefits of these benefits with the sum of the fair value of the shares and higher, it is considered a real estate property, the value of the benefits of parts and their fair value.
Current value shall mean the market value of the assets at the end of the tax year, which was in the possession of the owner and the place where the supply of the property, or the property was likely to price, if it is greater than the value mentioned above.
Chapter 6, section 33 entry into force entry into force this law shall enter into force on 1 January 2006.
Of the company on 1 January 2006 or after, and not later than 30 September 2006, in accordance with the annual accounts for the financial year ending on the revised the calculation of the net assets is considered as referred to in article 5 and 6 of the share as a reference value for the stock in the company's annual accounts for the financial year that ended in 2004, on the basis of the decision of the wealth tax law calculated (1537/1992) received a value for tax purposes. Of the company on 1 October 2006, and not later than 30 September 2007 at the end of the fiscal year in accordance with the calculation of the net assets of the financial statements is considered in section 5 and 6 of the shareholders referred to in the reference value for the stock in the company's annual accounts for the financial year ending in 2005, calculated on the basis of the decision referred to in the law of property tax value for tax purposes.
The rest of the company's annual accounts for the financial year ending in 2006, the net assets shall be considered in accordance with the calculation referred to in article 5 and 6 of the share as a reference value for the stock in the company's annual accounts for the financial year ending in 2005, calculated on the basis of the decision referred to in the law of property tax value for tax purposes.
Of the shareholders referred to in fiscal year 2007, the benchmark may not exceed 50% of the shares of the company's annual accounts for the financial year ending in 2005, calculated on the basis of the decision referred to in the law of property tax value of higher taxation.
THEY 144/2005, Staub 44/2005, EV 218/2005, the date of entry into force and the application of the acts: 10 November 2006/966: this law shall enter into force on 1 January 2007.
The law shall apply for the first time in the tax year 2006.
THEY'RE 117/2006 17/2006, Staub, EV 2 November 2007/133/2006 958: this law shall enter into force on 9 November 2007.
THEY'RE 59/2007 9/2007, Staub, EV 40/2007 of 11 June 2010/505: this law shall enter into force on 1 September, 2010.
THEY 288/2009, Staub 12/2010, EV 14.12.2012/37/2010 777: this law shall enter into force on 1 January 2013.
THEY'RE 32/2012, TaVM 11/2012, EV 18.11.2013/117/2012 812: this law shall enter into force on 1 December 2013 at the latest.
The law shall apply for the first time when determining value for tax in 2013.
THEY'RE 76/2013, THEY'RE 102/2013, Staub 18/2013, EV 123/2013

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