Forestry sales revenue is capital income and tax is paid according to the capital income tax rate. The tax rate on capital income is 30% and capital income exceeding EUR 30,000 is taxed at 34% (in 2019 and 2020). Tax filing deadlines 2020 The forest tax return must be submitted on March 2, 2020. The date can also be later in the spring, e.g. agricultural forest owners. Check your own date from the material sent by the taxpayer. The VAT return must be submitted and the VAT must have been…
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