New Year 2018 brings us many changes in tax laws (partly retroactive) that affect almost everyone, from individual natural-person entrepreneurs to credit institutions and non-residents. We have summarized the main changes you should be aware of in order to prevent unpleasant surprises and make use of the tax benefits which the state offers. Regular dividends: […]
REVIEW YOUR INTRAGROUP DEBT ARRANGEMENTS BEFORE 1 JULY 2017! News on taxation of loans In our newsletter of 16 May 2017, we issued an alert on a new “collateral income tax” which the government planned to impose on profit loans from subsidiaries to parent companies. After abandoning the idea of imposing this invasive tax, on […]
Dear client and cooperation partner, In this tax newsflash, we present a brief overview on recent developments in the Estonian tax scene, covering topics such as intra-group lending, distribution of branch profits and building tax-effective marketing strategies in Estonia. Last but not least, a reminder to declare capital contributions before February 2018 in order not […]
The sudden change of Government in Estonia this autumn raised many questions about resulting changes to the Estonian tax system. After all, the Centre Party, which has now formed a government, has been critical of the existing tax system. It is a relief that the agreement between the new Estonian Governing Coalition foresees no major […]
Significant recent judgments have created a serious tax risk for certain relationships where “one-man companies” are used to provide services to another company (also known as LLC-ism). In the past few months, the Estonian Supreme Court has handed the Tax and Customs Board three relevant victories and found that service fees paid to a company […]
