When it comes to taxation rules in Finland, there are slight differences between physical gifts and electronic gift cards. The tax treatment varies based on the nature of the gift and how it is provided to the recipient.

Physical gifts, such as tangible items or merchandise, are subject to taxation in Finland. The value of the gift is considered a taxable benefit and is typically included in the recipient’s income. The employer or the entity providing the gift is responsible for reporting and withholding the appropriate taxes on behalf of the recipient. The tax rate applied is determined by the recipient’s individual tax bracket.

On the other hand, electronic gift cards, also known as e-gift cards or digital gift certificates, are treated differently for tax purposes. In Finland, electronic gift cards are generally considered as monetary gifts. The value of the e-gift card is taxed as cash compensation and is subject to the same tax rules as regular income. The recipient must include the value of the electronic gift card in their taxable income, and the employer or the entity providing the gift card is responsible for reporting and withholding taxes accordingly.

It’s important to note that Finland’s tax regulations are subject to change, and it is always advisable to consult with a tax professional or the Finnish Tax Administration for the most up-to-date information regarding the taxation of gifts and incentives.