Tax-footprint

Tax footprint refers to tax revenue and tax-like payments accumulated by society as a result of business activities. In addition to direct and indirect taxes, Terveystalo's tax footprint includes tax-like payments related to the personnel and tax withheld from salaries.

In 2018, Terveystalo's tax footprint totaled EUR 93.7 million. Of this, taxes comprised over EUR 17.6 million, tax-like payments related to the personnel made up EUR 34.6 million, and taxes withheld from salaries totaled nearly EUR 41.5 million. In addition, a total of EUR 276.3 million was paid in fees to private practitioners. Each private practitioner pays their individual taxes separately.

In 2018, Terveystalo paid EUR 17.2 million in value added tax. Value added tax is an important factor in healthcare, since private healthcare companies are not eligible to deduct value added tax.

For the customers, healthcare services sold by a private service provider are tax free (except other than healthcare services, such as aesthetical surgery). In addition to VAT, Terveystalo has paid property tax, transfer tax and income tax. Terveystalo's losses in previous years have reduced the amount of income tax paid.

The Terveystalo Group and its subsidiaries operate and pay all their taxes in Finland

Terveystalo tax-footprint >