Agnico Eagle appealed the tax administration’s decision to include the ore value in the value of the real estate for tax purposes. The appeal was successful, and on April 4, 2013, the Administrative Court of Rovaniemi ruled that Agnico Eagle was entitled to a real estate tax refund. By its decision given on May 9, 2014, the Supreme Administrative Court confirmed that mining rights should indeed not affect the tax basis of real estate tax. By upholding the decision given by the Administrative Court of Rovaniemi, the Supreme Administrative Court clarified the calculation of Finnish real estate tax in relation to mining which in practice meant that the tax authorities were not successful in their attempt to broaden the scope of the real estate tax through court practice.
Attorneys at law Borenius assisted Agnico Eagle in the legal proceedings.
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Casper Herler Einari Karhu