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When a non-resident is obliged for registration of VAT liability
The VAT liability registration obligation for a non-resident depends on next: the existence of a permanent business establishment; whether the purchaser of goods or recipient…
Negative net assets – company equity alignment law
If the company fails to notify the register of his future plans regarding to equity, or ignores the warning letter or a regulation in full,…
Taxation of income of non-residents natural persons in Estonia
Due to different criteria for determining residency in different countries, in some cases a person must be resident for tax purposes in multiple countries at…
Price discounts applied over a longer period of time
There is no debate when it comes to price discounts applicable upon the moment of sale. Pursuant to § 12 (8) of the Value Added…
What costs are associated with the automobile?
In order to correctly declare VAT input, is important to clarify which kind of costs are related to the automobile and which are not. There…
Leinonen expands Tax Advisory services
Main competencies: General tax consultations and VAT analysis; Tax accounting and declarations, tax planning strategies; Import, export and customs related taxation issues; Assistance in dealing…
Conversion of share capital from EEK to EUR
The conversion of the share capital does not take place automatically and should be initiated by the company. In order to make the conversion of…
Termination of Company – easier than ever
This is an alternative for voluntary liquidation process. The merger is easier way in case the private or public company has a sole shareholder who…
Restrictions on deduction of input value added tax of automobiles
The restriction mainly means that when purchasing or using an automobile for business purposes through a contract of use (including renting or leasing), input value…