varallisuusvero

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Finnish

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Etymology

varallisuus (wealth) +‎ vero (tax)

Pronunciation

  • IPA(key): /ˈʋɑrɑlːisuːsˌʋero/,
  • Rhymes: -ero
  • Hyphenation(key): va‧ral‧lisuus‧vero

Noun

varallisuusvero

  1. (law) wealth tax (tax based on one's wealth, including in principle all wealth, both fixed, movable and financial)

Usage notes

The tax with this name was discontinued in 2006. Between 1920 and 1974 the property tax was called omaisuusvero in law. Currently the only tax based directly on wealth is kiinteistövero (property tax, real estate tax).

Declension

Possessive forms of varallisuusvero (Kotus type 1/valo, no gradation)

Further reading