On Monday, the Estonian government approved four bills of amendments to the country’s tax laws. According to the bill, on January 1, 2024, the VAT rate in Estonia will increase from 20 to 22 percent. In 2025, the VAT rate for accommodation meanwhile, will rise from 9 to 13 percent. The VAT rate on press publications, however, is set to increase from 5 to 9 percent. Advance income tax for banks is also set to rise from 14 to 18 percent.
Source: news.err.ee
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