Strategizing International Tax Best Practices – by Keith Brockman

Finland: Mr Scrooge

The Finnish Tax Administration (FTA) recently issued a reminder notice stating that the common practice of hiring Santa Claus to give presents are required to be reported         (> EUR 1,500 this year).

Let’s not forget: Santa Claus must report the value of gifts distributed on his tax return, this year and next, less travel expenses!  Does this mean he should keep his list, checking it twice?

Merry Christmas & Happy Holidays to all!  

 

 

Comments on: "Finland: Mr Scrooge" (1)

  1. Michael Fellbach M.A. Wirtschaftsberatung said:

    Dear Keith,

    The German Superior Office of the Santa Claus has published a General Order addressed to all and every subject:

    The entire Federal Fiscal Administration is shut down until the Day of Saint Neverone (In German: „Sankt Nimmerleins-Tag“).

    Good idea. Good fake news!

    Merry Christmas, and a happy New Year!!!

    Michael

    〽️ Michael Fellbach M.A. Wirtschaftsberatung Breslauer Str. 28 • D-50858 Köln République fédérale d’Allemagne Union européenne

    Tel: +49 (0)2234 933 11 41 Mobil: +49 (0)171 384 3884 eMail: michael.fellbach@mfma-wb.de

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