Brief: Fiskars: Finnish Tax Administration Adjusts Taxation Of Share Dividend Received From Fiskars Corporation

Fiskars

22/12/2020 08:37

Dec 22 (Reuters) - Fiskars Oyj Abp  FSKRS.HE :
    * THE FINNISH TAX ADMINISTRATION ADJUSTS THE TAXATION OF THE
SHARE
DIVIDEND RECEIVED FROM FISKARS CORPORATION
    * TAXATION WILL BE ADJUSTED SO THAT AMOUNT OF TRANSFER TAX
WHICH
WAS FULLY TREATED AS TAXABLE CAPITAL INCOME WILL BE TAXED AS
DIVIDEND, WHEREOF ONLY 85% IS TAXABLE INCOME, AND OVERPAID TAX
WILL BE REFUNDED TO RECIPIENT OF DIVIDEND
    * TAX ADMINISTRATION WILL ADJUST TAXATION EX OFFICIO IN
CASES
WHERE AMOUNT TO BE REFUNDED AS A RESULT OF ADJUSTMENT IS AT
LEAST 10 EUROS
    * DECISION OF SUPREME ADMINISTRATIVE COURT MAY ALSO HAVE AN
EFFECT
ON TAXATION OF A CORPORATION RECEIVING SHARE DIVIDEND FROM
FISKARS CORPORATION IN 2019
    * IN CASE AMOUNT TO BE REFUNDED AS RESULT OF ADJUSTMENT
WOULD BE
LESS THAN EUR 10, RECIPIENT OF DIVIDEND MAY MAKE CLAIM FOR
ADJUSTMENT AND RECEIVE A REFUND

Source text for Eikon:  ID:nWkr9mPH9J 
Further company coverage:  FSKRS.HE 

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