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Estonia Proposes VAT Law Changes to Simplify Registration for Small Businesses

  • Estonia’s Finance Ministry has tabled value-added tax law amendments before parliament for approval
  • The amendments aim to simplify VAT registration obligations for businesses
  • Businesses from other EU states may be exempt from VAT registration in Estonia if their EU-wide turnover is less than EUR100,000
  • Administrative benefits for small businesses include merging intra-community turnover declaration with normal turnover declaration
  • Changes to VAT rules for newly constructed buildings to prevent abuse
  • Amendments to input tax claims to prevent full VAT refunds for mixed-use assets

Source: answerconnect.cch.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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