Digitalisation increases amounts of data produced through daily business operations. Digitalising reporting, document management and analytics processes can bring increased transparency in tax compliance, legal operations and risk management, as well as increased time savings and better strategic insights.
Tax & Legal Technology experts have deep understanding of both substance tax and legal matters and technology.
Our tax analytics services vary from as-is analysis of transactions to building complex customised dashboards with ongoing data refresh in the sphere of corporate tax, transfer pricing, tax management of real estate portfolios, VAT, procurement and goods flow analysis.
Automating communications, document storage and audit trail generation in internal and statutory reporting results in time savings and improves compliance.
Migration to a new ERP or extending the scope of existing ERP can bring new opportunities in improving tax compliance of procurement, sales and T&E process management, integration with other systems and improving user training.
From smart metadata management and e-signing to adoption of AI-powered solutions, we can support your legal operations transformation journey taking into account company size and industry.
Jari Kärkkäinen
We can provide our clients with end-to-end support on all DAC7 compliance-related issues from preparation for the legislative changes to actual execution of due diligence and reporting and the transition to ‘Business as usual’.
Our Tax & Legal Technology team advised several international securities intermediaries on share repurchase programme filings and carried out the electronic filings of the transactions for 2022 to the Finnish Tax Administration.
A securities intermediary appointed to undertake a share repurchase programme on behalf of a company, is required to file the transactions to the Finnish Tax Administration, for the company to qualify for exemption from Finnish transfer tax on the share purchases.
The e-filing of the Purchase and sale itemization for securities and derivatives (VSAPUUSE) to the Finnish Tax Administration is submitted through the Ilmoitin.fi service, using a unique Name-Value format.
The size of transaction datasets and the economic value of repurchase programmes can be massive, with tangible consequences if not filed correctly.
Our Tax & Legal Technology team, which consists of lawyers, developers, and business consultants, have previous experience of filing repurchase transactions on behalf of securities intermediaries.
Services offered, which are performed in close cooperation with all stakeholders, consists of
Combining legal and technical expertise, together with previous experience and a deep understanding of the Finnish tax system, the Tax & Legal Technology team have unique capabilities to provide solutions tailored to you needs.