Finland Tax Agency Updates Guidance on Taxation of Travel Expense Reimbursements

The Finnish Tax Administration May 10 issued updated guidance on the taxation of travel expense reimbursements. The updated guidance includes: 1) clarification that employees receive no taxable benefit when an employer pays travel costs directly; 2) the tax treatment of expenses for mobile employees, and employees using their own homes as a workplace; 3) tax-free allowances for the reimbursement of travel expenses, including the addition of electric bicycles to the list of qualifying vehicles; 4) clarification of the daily allowance for combined leisure time, work travel, and meal allowance; 5) conditions for the exemption of reimbursements of travel expenses by ...