Accounting, Payroll, Tax & Legal since 1989

Remarkable changes in Estonian tax legislation

Was decided:

  • to lower the income tax to 20 % starting from the year 2015;
  • to decrease the amount of untaxed expenses like housing loan interests, training expenses and contributions from 3196 euros to 1917 euros starting from the year 2012;
  • to allow to withhold woodland maintenance expenses from the taxable income of timber and forest sales during the next 3 taxation periods starting from the year 2012;
  • to exclude work related development trainings from the taxable fringe benefits

29.08.11


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