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Game company Supercell Finland's biggest single 2021 corporate taxpayer

Finnish companies paid a near-record 7.3 billion euros in corporate taxes in 2021.

 Pienoismallin oloinen ilmakuva puisesta kerrtostalosta. Kyseessä on Supercellin pääkonttori Helsingin Jätkäsaaressa.
The head office of the mobile game development company Supercell is located in the Jätkäsaari district of Helsinki. Image: Petteri Bülow / Yle
  • Yle News

Finnish companies paid 7.3 billion euros in corporate tax last year, over a third more than in 2020. Only once before has more corporate tax been collected than in 2021.

The mobile gaming company Supercell was the largest single corporate taxpayer last year.

According to the national Tax Administration, Supercell paid 153 million euros in taxes. 

In second place was the pharmaceutical company Bayer, paying 115 million euros, and in third place is the forest products company UPM at 113 million euros.

The ranking of corporate taxpayers changes when groups, rather than individual companies, are also taken into account. For example UPM says that the corporate tax paid by all the companies belonging to the group totaled 234 million euros last year.

Financial group OP's corporate tax was 214 million euros last year, it reported.

The K-Group, which operates in the the grocery, retail, building, technical, and car trade, paid a total of 181 million euros in corporate tax.

Meanwhile, corporate taxes set back the financial group Nordea around 131 million euros, as the S-Group retailing cooperative paid 64 million euros in corporate taxes.

2021, the second year of the coronavirus pandemic, was a good one for many companies. According to the Tax Administration, revenues from corporation taxation were higher in 2021 than in any year except 2000. 

"Despite the coronavirus, the world economy and the Finnish economy did well in 2021. In the big picture, companies made good results across the board, which was reflected in increased corporate tax revenues," noted Tax Administration Chief Inspector Matti Luokkanen in a media statement on Wednesday.