Taxation in Estonia - Taxation News & Information

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State Tax Revenues Still Unstable

Overall tax revenue figures for US states have risen for the second straight quarter in 2010, however total collections are still lagging behind their pre-recession levels, lending uncertainty to future results.

Graduate Tax Would Cause an Exodus

If a graduate tax were to be instated in the UK, as previously suggested by the country’s Business Secretary, students would have little incentive to stay and contribute to the economy upon completion of their degrees, ultimately offsetting any possible benefits the system might have.

French Tax Change Could Lower Credit Rating

France has been warned that if it carries out proposed changes to the tax treatment of life insurance products, the country could face a national credit rating downgrade across the insurance sector.

Mexico Clamping Down On Money Laundering

Mexico could soon implement heavy restrictions on the use of cash for large purchases, in an effort to hinder the nation’s overwhelming levels of money laundering.

Immigration to Boost Latvian Economy

In order to bolster economy activity and government revenues Latvia has relaxed several of its immigration restrictions in an attempt to bring in greater levels of foreign capital and skilled employees into the country.

Apr 9, 20100

Estonia’s Tax Ration Increases

Categories: Taxation in Estonia

In 2009 Estonia’s overall tax ratio was 36 percent of Gross Domestic Product (GDP), rising by 4 percent compared to the previous year. According to recent research released by Statistics Estonia (SE), due primarily to a significant increase in indirect tax collection in 2009, the overall national tax ratio increased by 4 percent of GDP. Overall, collection of direct taxes fell by 3 percent compared to 2008. Collection of indirect taxes increased by 2-3 percent compare to the indicators of last decade. Indirect ... Read More