Taxation of Domestic and Foreign Insurance Policies
The legal and tax experts at PreLex Oy assist you with the taxation, usage options, and other related matters concerning domestic and foreign investment and risk insurance products.
We have an excellent understanding of the available products and market practices, enabling us to provide guidance even on the most complex issues. Investment insurance policies and capitalization agreements are widely used in Finland and internationally as tools for saving, investing, and wealth planning by both individuals and businesses. Risk insurance, on the other hand, provides protection against life’s unforeseen events, such as safeguarding business continuity or a family’s financial stability.
When using insurance products, it is crucial to ensure that income, deductions, and potential losses are accurately reported for tax purposes, as the taxpayer is ultimately responsible for the correctness of the information submitted. Legislation and practices related to insurance have changed significantly in recent years, making it essential to verify that all relevant aspects are considered when utilizing these products.
We assist both private individuals and companies in ensuring that all tax obligations are met lawfully and timely, while also maximizing any possible benefits. Additionally, we support clients in responding to authorities’ inquiries and tax audits.
Yhteydenottopyyntö
