What will the year 2017 bring us? From broken teeth to fishing
What will the year 2017 bring us? Besides increased excises, the coming year will bring Estonia’s residents new subsidies – for example, it is likely that more people will visit dentists in 2017, because a small compensation will be paid to adults as well. Postimees reviews the most significant law amendments.
30.12.2016, Tiina KaukverePM
Editorial: the Estonian and the Car
Debates around how to tax company cars doing private rides stirs passions and seems endless. How do we cut the red tape while arriving at some transparency? The measures being proposed make matters no better.
By the hundreds, tax debtors go to mass grave via Panama
The grand-named Panamanian company Transatlantic International Brokers Corp owns 168 firms says Estonian commercial register, all under liquidation with help by Raul Pint and his business partner Andrus Räppo. Nearly all owe taxes to Estonian state, some more and some less – but put together the arrears arise above a million euros.
22.04.2016, Joosep VärkPM
At long last: conceptual design for more lenient taxation of company cars completed
Finance minister Sven Sester (IRL) has handed the government a concept for company car tax, binning the much-hated «trip diaries» and making private use of weaker-than-average vehicles significantly cheaper.
18.04.2016, Andres Reimer, RiiaPM
VKG headed towards hefty yearly loss
Since spring no longer CEO of Estonian Railways due to private use of company fuel card, Ahti Asmann sits at helm of a leading private-capital-based chemical industry enterprise Viru Keemia Grupp (VKG).
Kütusehindade madalseisu tõttu esimest korda kahjumisse langenud Ida-Virumaa suurimaid tööandjaid kavatseb siiski lähiajal kõik olulised töökohad säilitada, sest kokkuhoiu nimel tehtav vallandamine tooks kaasa ettevõtte sulgemise. Eesti Raudtee asjadest ei soovinud Asmann rääkida.
10.11.2015, Andres Reimer, RiiaPM
Editorial: fingers crossed for crocodiles!
No wonder the experiences are sceptical regarding the next try to fight bureaucracy. All it takes is to go watch some classic BBC «Yes Minister» clips.
Tallinn soc dems present proposals to tweak Estonian coalition treaty
Monday night, Soc Dems Tallinn region board forwarded its advice on how to alter the coalition agreement, main points being rise of income tax free minimum, a ceiling set to elections costs, and inclusive budgets for local governments.
15.07.2015, Andres EinmannPM
Editorial: the taxing decisions
The tax amendments package passed this Monday night was nothing nice. Pragmatically, it does secure the execution of policy agreed in government and the coalition can get its compromises enacted.
Will the three wise men finally deliver?
After month-long gruelling efforts, Reform chief Taavi Rõivas said yesterday that they are on finishing line. Was this an April Fools’ Day thing? Rather not, one would guess.
02.04.2015, Tuuli KochPM
September tax receipts up almost 10 pct on year at EUR 453.5 mln
In September 453.5 million euros of tax money was paid into Estonia's state budget, 9.8 percent more than in the same month last year.
Keyword: common digital market
No argument whatsoever against directing public services into Internet, said Andrus Ansip – candidate for European Commission vice president over common digital market, in opening statement to grilling before MEPs last night in Brussels. Mr Ansip vowed to do all in his power to link public services all across Europe.
07.10.2014, News.postimees.ee / BNSPM
Europe eager for tax change
This week EU finance ministers discussed labour tax reductions which, according to Estonia’s Jürgen Ligi, ought to come by cutting tax exemptions – above all.
11.07.2014, Anette ParkseppPM
Ilves announces new tax rules
Yesterday, President Toomas Hendrik Ilves opted to proclaim Value Added Tax Act Amendment Act, the last version of which he vetoed last December. Riigikogu ratified the amendment on May 7th.
21.05.2014, Liina ValdrePM
Publishers plead for e-books tax cut
Publishers Association has written Prime Minister Andrus Ansip an appeal asking his help lowering digital books’ value-added tax to the level of books on paper.
07.01.2014, Merike TederPM
State dumps beer millions
Government, headed by the ice drill finance minister Jürgen Ligi, is seeking a filling for a €24m hole in a budget otherwise among the most perfect in Europe.
05.12.2013, Tuuli KochPM
Car tax turbo procedure hits ditch
For the time being, no change to taxation rules for of autos.
13.11.2013, Liina ValdrePM
Editorial: taxing company cars – correct step taken incorrectly
When it comes to taxing cars, finance ministry is basically on the right track; even so, it is weird for them to drive the tax amendments through Riigikogu with no prior public debate. The more so that we are not talking about a tax hole that was discovered «yesterday» and needs to be closed up by tomorrow, so let’s run... No: all the issues and question marks have basically been known for quite a while.
Taxman to business: not your enemy
Tax Board director-general Marek Helm expects increased cooperation from private sector, underlining that entrepreneurs need not view them as antagonists.
27.09.2013, Liina ValdrePM
Tax exemption for pensions to rise from EUR 336 to 354 a month in Estonia
The Estonian government has decided that the nearly 6 percent pension rise planned for the next year has to be supported by an increase also in income tax exemption for pensions, which means that pensioners will be entitled to tax-exempt income of 4,248 euros per year or 354 euros per month next year.
State snubs easing food tax load
Baltic States VAT rate remains much higher than in Nordic region.
09.07.2013, Andrus KarnauPM
Top 100 tax debtors owe state EUR 82.2 mln
The debt of the 100 largest legal person tax debtors decreased 0.7 percent to 82.2 million euros in the period from the beginning of May to the beginning of July, the Estonian Tax and Customs Board reports.
Survey: 60 pct of Estonian companies want more tax guidance
The vast majority of businesses would welcome more global cooperation and guidance from tax authorities on what is acceptable and unacceptable tax planning, even if this provided less opportunity to reduce tax liabilities across borders, it appears from the latest research from the Grant Thornton International Business Report (IBR).
Estonia estimates used car market to have EUR 18 mln tax hole
There's a tax shortfall of 18 million euros in the Estonian market of used cars, the Tax and Customs Board estimates.