The Finnish Tax Administration adjusts the taxation of the share dividend received from Fiskars Corporation
Fiskars CorporationPress Release December 22, 2020 at 10:30 EET The Finnish Tax Administration adjusts the taxation of the share dividend received from Fiskars Corporation In 2019, Fiskars Corporation distributed Wärtsilä Corporation's shares as a dividend to its shareholders. Fiskars paid the transfer tax due on the share dividend on behalf of the shareholders and reported the transfer tax payments to the Finnish Tax Administration. The amount of the transfer tax was treated as fully taxable capital income in 2019 in the taxation of the natural persons receiving the dividend.