Tax footprint

Tax footprint is an indicator of tax revenue and tax-like payments generated for society as a result of the 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 to EUR 93.7 million. Of this, taxes paid 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 to 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 significant factor in healthcare, since private healthcare companies are not eligible to deduct value added tax on their purchases.

For the customers, healthcare services sold by a private service provider are tax exempt (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.

In 2018 Terveystalo and its subsidiaries operated and paid all their taxes in Finland.


Terveystalo tax-footprint >