5 Major Developments in Estonia

5 Major Developments in Estonia

• Estonian Tax and Customs Board Implements Modern and Efficient Customs Clearance Systems

• Estonia Parliament Considers Proposals to Reduce VAT Rates on Food, Medicines, and Publications

• VAT in Estonia – change in VAT rates in 2024-2025

• Amount of VAT Violations Doubled on Year

• Parliament (Riigikogu) in late June adopted significant VAT amendments

Country Guides

• Value Added Tax (VAT) Guidelines: Estonia

Customs

• Estonian Tax and Customs Board Implements Modern and Efficient Customs Clearance Systems

Fraud / Tax Evasion

• VAT violations have doubled in a year

Invoice

• Amount of VAT Violations Doubled on Year

Rate

• Estonia Parliament Considers Proposals to Reduce VAT Rates on Food, Medicines, and Publications

• Estonian retail chains are advised to adjust prices ahead of the VAT increase in 2024

• Estonia Considers Lowering VAT Rates for Food and Medicines

• Consideration of lowering VAT rates for food and medicines

• VAT in Estonia – change in VAT rates in 2024-2025

• Estonian Parliament Dumps Center’s Bill to Lower VAT on Food

• Changes in standard VAT rates in Estonia, Luxembourg, Singapore and Switzerland per Jan 1, 2024

• Estonia will increase the standard VAT rate by January 2024

• Standard VAT rate increase from 20 to 22% as of Jan 1, 2024

• Media VAT Hike in Estonia comes as Russia Spending ‘Billions’ on Media

• Guidance about transitional rules for VAT rate change

• Estonia Increases VAT Rates

• Standard VAT rate increases from 20% to 22%

• VAT rate for accommodation services increases from 9% to 13%

• VAT rate for press publications increases from 5% to 9%

• International VAT Rate Round Up: July 2023

• Standard VAT rate will increase from 20% to 22% from 1 January 2024

• Parliament (Riigikogu) in late June adopted significant VAT amendments

Refund

• Amount of VAT Violations Doubled on Year

Reporting / Compliance

• Amount of VAT Violations Doubled on Year