Dec 10, 20100

First Former Soviet Republic Joins OECD

Categories: International Tax Cooperation, Taxation in Estonia

Estonia has become the 34th member of the Organization for Economic Cooperation and Development, the first Baltic nation and the first former Soviet Republic state accepted into the Organization. On December 9th Estonia counted another success in its continued efforts for economic integration with the Western world, after it was officially declared a full member [...]

Estonia has become the 34th member of the Organization for Economic Cooperation and Development, the first Baltic nation and the first former Soviet Republic state accepted into the Organization. On December 9th Estonia counted another success in its continued efforts for economic integration with the Western world, after it was officially declared a full member of the Organization for Economic Cooperation and Development’s (OECD). The membership application process was completed when the Estonian Ambassador to France Sven Jürgenson presented a signed copy of ... Read More

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. [...]

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