In Finland, the treatment of gifts and gift cards for tax purposes depends on the type of recipient and the value of the gift.

For individuals, gifts and gift cards are generally considered non-taxable if they are given as occasional gestures and their value does not exceed 4,000 euros in a calendar year. However, if the value of the gift exceeds this threshold, it may be subject to income tax.

On the other hand, for employees, gifts and gift cards provided by employers are generally considered taxable benefits. These benefits are included in the employee’s taxable income and are subject to personal income tax, social security contributions, and other applicable taxes. The employer is responsible for withholding and reporting these taxes to the tax authorities.

It’s worth noting that there are certain exemptions for employee gifts, such as small-value gifts (up to 100 euros) given on special occasions like birthdays or holidays. These small-value gifts may be exempt from taxation if they meet specific criteria set by the tax authorities.

In summary, gifts and gift cards in Finland may be treated as non-taxable for individuals below a certain value threshold, but they are generally considered taxable benefits for employees. It is essential for both individuals and employers to be aware of the relevant tax regulations and consult with a tax professional if necessary to ensure compliance with the tax laws.