Tax footprint

Hansel is now reporting its tax footprint in its corporate responsibility report for the fourth time. Tax footprint reports are based on guidelines issued by the Prime Minister’s Office, the Ownership Steering Department, on 1 October 2014, providing instructions for the government’s majority-owned companies on how to report country-specific taxes.

Because Hansel has no operations abroad, all taxes are paid in Finland in accordance with current legislation. Operating under the Managing Director, the financial unit is responsible for tax affairs at Hansel. Hansel has no specific tax strategy and it doesn’t perform tax planning.

In 2017, Hansel paid €1,918,000 in value added tax and €36,000 in corporate income tax. Tax withholding in 2017 amounted to €1,736,000.

No public grants were paid to Hansel in 2017.