Finnish investment fund dividend to non-resident not covered by tax treaties on double taxation avoidance.
Legislator summary
AI generatedThe Supreme Administrative Court dismissed the applicant's request for a preliminary ruling regarding the tax status of a dividend. The applicant argued that the annual profit share paid by a Finnish investment fund to a non-resident resident in Sweden or Canada constituted an 'interest' under relevant tax treaties. The court determined that the specific nature of the payment did not fall within the definitions of 'interest' or 'dividend' in the applicable treaties between Finland and Sweden or Canada. Consequently, the court ruled that the payment was not covered by the tax treaty provisions cited.
Legislator headnote
AI generatedSopS 26/1997 10.6; SopS 81/1992 10.3: An annual profit share paid by a Finnish investment fund to a non-resident resident in Sweden or Canada does not constitute 'interest' or 'dividend' under the relevant double taxation avoidance treaties.
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Suomalaisen sijoitusrahaston Ruotsissa tai Kanadassa asuvalle henkilölle maksama vuotuinen voitto-osuus ei ollut Pohjoismaiden välillä tulo- ja varallisuusveroja koskevan kaksinkertaisen verotuksen välttämiseksi tehdyn sopimuksen (SopS 26/1997) 10 artiklan 6 kappaleessa tai Suomen ja Kanadan välillä tuloveroja koskevan kaksinkertaisen verotuksen välttämiseksi ja veron kiertämisen estämiseksi tehdyn sopimuksen (SopS 81/1992) 10 artiklan 3 kappaleessa tarkoitettu osinko.
Vuonna 1998 annettu ennakkoratkaisu.