Finland VAT Return Tax Codes
This content is about Finland tax reports for accounts with SuiteTax. For content relevant for accounts without SuiteTax, see Finland Help Topics.
Tax codes determine how much tax is paid on each transaction line item. In accounts with SuiteTax, Finland tax codes are automatically mapped to NetSuite tax codes.
Renaming or otherwise editing a tax code will render the tax code unsupported. Any transaction with an unsupported tax code will be excluded from Finland VAT return report.
To view tax code properties:
-
Go to Setup>Tax>Tax Codes
-
Click + in the Filters tab.
-
In the Country list, select Finland.
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Click View next to the tax code you want to inspect.
Following tax codes are provisioned and supported for use with Finland VAT Return:
Finland Tax Codes (accounts with SuiteTax)
|
SuiteTax Tax Code |
Rate |
Description |
Available On Sales/Purchases |
Reverse Charge Link |
|---|---|---|---|---|
|
FI_SR |
24% |
Standard rate |
Both |
|
|
FI_RR |
14% |
Reduced rate |
Both |
|
|
FI_SRR |
10% |
Super reduced rate |
Both |
|
|
FI_ZR |
24% |
Zero rate |
Both |
|
|
FI_SR_RC |
14% |
Reverse charge – Standard rate |
Purchase |
FI_SR |
|
FI_RR_RC |
10% |
Reverse charge – Reduced rate |
Purchase |
FI_RR |
|
FI_SRR_RC |
0% |
Reverse charge – Super reduced rate |
Purchase |
FI_SRR |
|
FI_RCS |
0% |
Reverse charge for sales |
Sales |
|
|
FI_NL |
0% |
Not liable to tax |
Both |
|