OrbitaxOrbitax

Potential abolition of income tax reform and other tax measures considered

|Proposed Changes|Estonia
Estonia

On 26 March 2008, the parliament adopted the amendments to the Income Tax Law (ITL), which should enter into force on 1 January 2009. The most important changes concerned the potential incompatibility of the tax system with EC law. However, in August 2008, the prime minister and the leading coalition party proposed certain measures aimed at eliminating the budget deficit, which are summarized…

Continue Reading