The revenue from value-added tax (VAT) to the Estonian state budget has significantly increased due to high inflation, however, the amount of violations has doubled simultaneously.
In the first seven months of this year, the Tax and Customs Board inspected and advised 5,000 companies. As a result, the originally declared VAT obligation of these companies was increased by 35.8 million euros. This is twice as much compared to the same period last year and six million euros more than during the entire last year.
Source: news.postimees.ee
Latest Posts in "Estonia"
- Data-Driven KMD Solutions: Info Day for Software Providers on Roadmap, Process, and Feedback
- Estonia VAT Rates and Registration Process in 2026: Key Information for Businesses
- Study Finds Lowering Food VAT Rarely Benefits Consumers or Reduces Prices in Small Economies
- Finance Committee Sends Bill to Cancel 2026 Excise Tax Hikes for Second Reading in Parliament
- Estonian Supermarkets Urge Government to Lower VAT on Essential Food Items Amid Rising Prices
