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Court: Former Talvivaara boss illegally sought €1 3m in tax breaks

The former CEO of mining firm Talvivaara, businessman Pekka Perä, gave the Tax Administration incorrect information while seeking around 1.3 million euros in tax breaks, according to a ruling by the Supreme Administrative Court on Monday. In its ruling, the court said that previous decisions made by tax authorities and the lower administrative court that were based on the incorrect information must be annulled. In practice, this means that the Tax Administration will need to make new decisions on Perä s finances from those years. At the same time, the tax authority will also review a 1.3 million euro tax break previously granted to Perä.

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