Inheritance from Finland

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suomalainen2007
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Inheritance from Finland

Post by suomalainen2007 » Wed Aug 22, 2007 1:56 am

If a person gets an inheritance from Finland and lives in Canada,do they have to pay taxes for it ?



Inheritance from Finland

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Rosamunda
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Post by Rosamunda » Wed Aug 22, 2007 10:18 am

I think probably yes. My SO (who is Finnish) had an inheritance from Finland while he was living in France and he had to pay tax on it in Finland. He was not liable for additional tax on it in France. But it might be different with Canada... you would need to check the bilateral tax treaties.

Have you searched on http://www.vero.fi (most information is available in Finnish)

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karen
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Location: Espoo

Post by karen » Wed Aug 22, 2007 10:30 am

It depends on the amount. I read recently that the laws on inheritance tax were changing. Oh, here's the article.

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RA
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Post by RA » Wed Aug 22, 2007 3:44 pm

My dad got an inheritance from Finland but he lives in Kenya and didn't have to pay tax for it.
saving chimpanzees is a big hairy deal

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Mook
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Post by Mook » Wed Aug 22, 2007 3:49 pm

Inheritance tax is levied on the following property
received as an inheritance or a bequest:
1) any property, if the deceased or the person who receives the property as an inheritance
or a bequest was resident in Finland at the time of death;
2) real property situated in Finland and shares or other rights in a corporate body where
more than 50 per cent of the total gross assets of that corporate body consist of real
property situated in Finland.
Taxation in Finland - 2005
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suomalainen2007
Posts: 29
Joined: Wed Aug 22, 2007 1:53 am

Post by suomalainen2007 » Thu Aug 23, 2007 6:59 am

Excellent replies ! I like the tone of this place.Usually the Finnish forums
are hard to take ! The people are so rude to each other and swear like
troopers ! I get so sick of it and now...I actually met civilised people and
got real nice answers !

Thank you,you guys...made my day !
There is hope for Finns !

Yeah !

Rosamunda
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Joined: Fri Jan 02, 2004 12:07 am

Post by Rosamunda » Thu Aug 23, 2007 8:08 am

:? but we are not Finns....

Rosamunda
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Joined: Fri Jan 02, 2004 12:07 am

Post by Rosamunda » Thu Aug 23, 2007 8:12 am

penelope wrote:
Have you searched on http://www.vero.fi (most information is available in Finnish)
edit... I mean in ***ENGLISH*** like this one:

http://www.vero.fi/nc/doc/download.asp?id=2142;271836

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karen
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Location: Espoo

Post by karen » Thu Aug 23, 2007 8:13 am

Exactly!

And you asked a question that hadn't been asked before. If it had been a
FAQ, you would have been told in very impolite terms to use the search
feature. Not by me, of course. :D

suomalainen2007
Posts: 29
Joined: Wed Aug 22, 2007 1:53 am

Post by suomalainen2007 » Thu Aug 23, 2007 7:29 pm

Yah ! :D Smile..we only go this way once.Finns or not.
It is good to learn to be polite.Good thing to learn.That is for sure !

Yes....never be rude,unless absolutely forced to !

No,lots of nice Finnish people in Finland.Big cities folks are mor
uptight,but go to the Country side and you learn better Finnish
and also meet people who are more friendly and relaxed and
natural.

Aah !!! Did I say too much ? Nah !

suomalainen2007
Posts: 29
Joined: Wed Aug 22, 2007 1:53 am

Post by suomalainen2007 » Thu Aug 23, 2007 7:32 pm

Hi,I read all the replies and I understand both languages.I just
love English language and prefer it,but I can speak Finnish and read it
just perfectly.But,after 30 yrs here...well...just feels more natural to
speak English.

THANKS FOR ALL THE LINKS.EXCELLENT STUFF.APPRECIATE IT !

How did you guys end up in Finland ? Married Finns ?
Or working there ? Studying there ?

What is the secret ? How do you like the winters ?


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