Tax footprint

The tax footprint comprises the tax revenue generated for society by the company's operations and the distribution of the tax effect between countries. Oriola supports a transparent corporate culture and publishes its tax footprint, which consists of income taxes and other taxes and corresponding charges related to business operations. Oriola pays taxes to each country in which it operates in accordance with local legislation. Oriola does not have subsidiaries in countries seen as tax havens.

  2020   2019  
EUR million Finland Sweden Finland Sweden
Taxes borne        
Corporate income taxes 2.4 1.2 0.2 1.1
Employment taxes 5.9 38.0 6.4 37.2
Other taxes *) 0.3 0.2 0.4 0.1
Taxes borne, total 8.6 39.5 6.9 38.4
Taxes collected        
Value added taxes, net 27.5 -122.8 27.2 -102.1
Payroll taxes 9.7 26.6 8.8 26.3
Withholding taxes 2.1 - 2.0 -
Taxes collected, total 39.3 -96.2 38.0 -75.8
Total tax footprint 47.9 -56.7 45.0 -37.4

*) Other taxes include real estate taxes, customs fees, and excise taxes