interested to operate on the Irish market
are entitled to benefit from the stipulations of the treaty for the avoidance of double taxation
signed by Ireland
. The document was signed by the governments of the two states and it is also enforced for the avoidance of tax evasion
. The treaty
is mutually applicable to persons and legal entities, tax residents
of a state operating in the other state. Our specialists in company formation in Ireland
can offer legal assistance on the main stipulations of the double taxation treaty
Taxes covered by the Ireland - Finland double tax treaty presented by our Ireland company formation agents
Investors who are interested in Irish company formation
must know that they can benefit from tax reliefs
or tax deductions
under the Irish – Finnish double tax agreement (DTA)
if they are tax residents of Finland
Taxes imposed under the treaty are similar in each of the jurisdiction, but there may appear differences deriving from the tax regulations available in each state.
According to the treaty, the Finnish authorities will apply the following taxes:
• the state income tax;
• the communal tax;
• the church tax;
• tax withheld at source from the income received in Finland by non-resident persons.
In Ireland, the local authorities refer to the following income taxes:
• the income tax;
• the capital gains tax.
Under the Ireland - Finland treaty for the avoidance of double taxation, a resident of one of the states refers to the following conditions, as prescribed by Article 4 of the document:
• place of management.
• other similar conditions.
Permanent establishment in Ireland
Persons who are interested in company registration in Ireland
have to know that their activity will be taxed in Ireland
if they work under a permanent establishment
The term generally refers to a designated place of management in which the activities of a Finnish company are carried out. In a more specific sense, the term refers to the following:
• a branch office;
• an office;
• a factory;
• a workshop;
• a place designated for the extraction of natural resources, such as mines or oil wells.
It can also refer to a building site, as long as the operations are carried out on a continuous basis for a period longer than twelve months.