Estonia Pakistan Tax Agreement
May 2024The 2023 double tax agreement, DTA, between Estonia and Pakistan entered into force on April 30, 2024.
The DTA will apply in Pakistan from July 1, 2024 and from January 1, 2025 in Estonia.
According to the DTA the tax withholding rates for dividends will be 12.5%, for interest 12.5% and 10% for royalties.
Estonia VAT Rate 2024
January 2024Starting January 1, 2024 the new standard VAT rate in Estonia is 22%, increasing from previous 20%.
Starting January 1, 2025 the reduced VAT rate for hotel services will rise from the current 9% rate to 13%.
The super reduced VAT rate for certain publications will rise from 5% to 9%.
Estonia's larger security firms also enjoyed financially healthy 2022
July 2023Some of Estonia's largest security firms saw increased turnover and profits for 2022, in part as the economy emerged from the Covid crisis.
At the same time, companies operating in the security sphere reported personnel shortages and wage-price pressure last year.
Estonia Tax Rates 2015
January 2015Starting January 1, 2015 the corporate income tax rate and the personal income tax rate are reduced from the previous 21% rate to 20%.
Estonia Luxembourg Tax Treaty
August 2014The two countries signed on July 7, 2014 a new tax treaty replacing the existing 2006 tax treaty. The tax withholding rate according to the new tax treaty will be 0%/10% on dividends, depending on the percentage of holding by the recipient and zero on payments of interest and royalties.
Estonia Tax Board New E-mail for Non-Residents
July 2012The Estonian tax and customs board created a new e-mail address for non-residents.
The new e-mail is aimed for non-residents having tax inquiries and for Estonian companies who may have questions relating to non-residents.
The new e-mail is [email protected].
Estonia India Double Tax Treaty
September 2011Estonia and India signed on September 19 a new double tax treaty, DTA.
The two countries also signed a cooperation agreement in the fields of information, communication and technology, education and e-governance.
Estonia to Adopt the Euro
July 2010Estonia will adopt the Euro as its official currency starting January 1, 2011.
The adoption follows a final approval by the EU finance ministers meeting in Brussels.
The exchange rate will be 15.6466 Estonian Kroon to one Euro.
Estonia will become the 17th EU member, out of 27 members, to adopt the Euro.
Estonia to Join the OECD
May 2010Estonia was invited on May 10, 2010 together with Israel and Slovenia to join the OECD, Organisation for Economic Co-operation and Development.
After the accession the OECD member states will increase to 34.
The official accession ceremony will be held in Paris on May 27, 2010.
Estonia New V.A.T. Rate
July 2009From July 1, 2009 the standard V.A.T. rate was raised from the previous 18% rate to 20%.
From 1.7.2009 there are some amendments regarding labour laws too.
Sickness benefit will be paid by employers from the 4th day of the illness, compared to the previous 2nd day limit.
The employer has to pay 70% of the average salary for the 4th to 8th days of the sickness.
From the 9th day onwards sickness benefit is paid by the Estonian health insurance fund.
Estonia New V.A.T. Rates
September 2008Estonia is planning to increase the reduced V.A.T rate on certain goods and services, e.g. medicines and accommodation, from the current 5% rate to 9%.
According to www.balticbusinessnews.com the proposed change would add EEK 270 millions to the Estonian budget.
Estonia Income Tax
JANUARY 2007From 1.1.2007 the new flat income tax rate for companies and individuals is 22%(2006 rate-23%).
The flat rate would be further reduced to 21% in 2008 and 20% from 2009.
Estonia Income Tax
JANUARY 2006From 1.1.2006 the new flat income tax rate for companies and individuals in Estonia is 23%(previous rate-24%).
The monthly exempt income for a resident individual is EEK 2,000.
Estonia Taxes
September 2005The parliment approved new tax amendments.
The flat income tax rate for companies and individuals(24% in 2005) would be reduced to 23% in 2006, down to 20% in 2009 (1% annual reduction).
From 1.1.2006 the monthly exempt income for a resident individual would be EEK 2,000.
Estonia Income Tax
January 2005From January 2005 the new Estonia individual tax rate is 24% (previous rate - 26%).
Estonia Income Tax
May 2004Estonia corporate income tax rate for distributed income (26/74 in 2004) would be reduced from 1.1.05 to 24/76, from 1.1.06 to 22/78 and from 1.1.07 to 20/80.
Estonia individual income tax rate (26% in 2004) would be reduced from 1.1.05 to 24%, 22% from 1.1.06 and 20% from 1.1.07.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
Please read our terms of service before entering this site.