Borenius advised Maaseudun Kukkasrahasto in an significant tax matter concerning their (and other parties’) operational model

We advised Maaseudun Kukkasrahasto Säätiö on their advance ruling case where the Supreme Administrative Court stated that a support organisation can fulfil the criteria for a non-profit organisation set out in the Finnish Income Tax Act even if it financially supports only one non-profit organisation. Before this ruling, organisations were considered as non-profit organisations under the Income Tax Act only if they supported several different organisations or people. This ruling is important for all support organisations in Finland.