Page 55 - DIPLOMATIC PRIVILEGES AND IMMUNITIES IN FINLAND

• Income derived from real property situated in Finland (except if they hold the property on behalf of the sending state for the purposes of the mission);
• Profits from a business carried on or income from professional activities performed in Finland not connected with duties in the mission;
• Income from renting a flat held by virtue of shares in a Finnish residential housing company or other real estate company;
• Income, including pensions, from employment in Finland not connected with duties in the mission.
Members of missions who are Finnish nationals are, as a rule, liable to pay income tax, as is laid down in the applicable provisions. Missions are not liable to withhold income tax from the wages paid to these persons, but the persons must report the income in their annual tax returns.
Pursuant to the Act on taxation at source of interest income any natural person who is tax resident in Finland and a domestic estate (estate of a deceased person) are liable to tax on source. Accordingly, no tax on source is levied on income derived from the bank accounts of diplomatic missions. The same applies to members of missions and their family members who are not Finnish nationals or tax residents in Finland.
3.4 Net Wealth Tax
No net wealth tax (capital tax) is levied in Finland.
3.5 Inheritance and Gift Tax
Members of missions, their family members and private servants, who are not Finnish nationals, are liable to pay inheritance tax only on the following property acquired by inheritance or bequest:
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