Tax footprint

Hansel is now reporting its tax footprint in its CSR report for the third time. Tax footprint reporting is based on guidelines issued by the Prime Minister’s Office, the Ownership Steering Department, on 1 October 2014, providing instructions for the State's majority-owned companies on how to report country-specific taxes.

Because Hansel has no operations abroad, all taxes are paid in Finland in accordance with current legislation. Operating under the Managing Director, the financial unit is responsible for tax affairs at Hansel. Hansel has no specific tax strategy or tax planning.

In 2016, Hansel paid €1,720,372.22 in value added tax and €103,237.46 in corporate income tax. Tax withholding in 2016 amounted to €1,677,514.37.

No public grants were paid to Hansel in 2016.