Finland | Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Finland
Records
63
Source
Finland | Taxes on income, profits and capital gains (% of total taxes)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 34.60844732
1973 36.82281805
1974 39.53244418
1975 39.60041623
1976 42.55123187
1977 38.85422402
1978 33.14907222
1979 31.82090691
1980 34.51014182
1981 36.78316467
1982 35.39945392
1983 35.50401287
1984 37.3042227
1985 38.20874228
1986 40.38784325
1987 36.13272261
1988 37.73709729
1989 36.39721946
1990 38.09707709
1991 38.01762847
1992 39.96237185
1993 34.76997409
1994 37.80506388
1995 32.43309479
1996 35.43166272
1997 34.94413408
1998 36.61318031
1999 35.92017738
2000 42.51073351
2001 38.98417512
2002 38.94367675
2003 36.05293819
2004 36.16621906
2005 36.06575648
2006 35.70136357
2007 37.60245642
2008 36.60160273
2009 29.03930767
2010 28.05383319
2011 28.88860855
2012 27.66057312
2013 27.27897769
2014 27.88033547
2015 28.19375116
2016 28.1779427
2017 28.69717184
2018 28.57642388
2019 28.67574382
2020 26.19737371
2021 29.5202952
2022

Finland | Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Finland
Records
63
Source