Liityntaperiaate

06:32 May 22, 2014
This question was closed without grading. Reason: Errant question

Finnish to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Finnish term or phrase: Liityntaperiaate
This has something to do with VAT in Finland I believe

thanks in advance

Spencer
Spencer Allman
United Kingdom
Local time: 05:50


Summary of answers provided
2Connectedness principle or combining principle
Timo Lehtilä


  

Answers


11 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
Liityntäperiaate
Connectedness principle or combining principle


Explanation:
The link below gives quite a good explanation (in Finnish) of what 'liityntäperiaate' means. Shortly, when you sell a product or a service the VAT is added to the price. When you then pay this VAT to the government, you are allowed to subtract the VAT that you already have paid on the products or services that are connected to producing these products or services you have delivered.


    Reference: http://webcache.googleusercontent.com/search?q=cache:ii0NhoZ...
Timo Lehtilä
Finland
Local time: 07:50
Native speaker of: Finnish
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