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Estonia's New Government Proposes Introduction of New Security Tax

06 August 2024

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Proposed Changes

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Estonia

Estonia's new government has published information on the Coalition Agreement 2024-2027, which was approved on 22 July 2024. One of the main proposed tax measures of the agreement is the introduction of a security tax that will apply until 31 December 2028, which will be used for the development of Estonia's defense capabilities and security investments. The tax is planned to be introduced in phases as follows: 2% of turnover from 1 July 2025; 2% on personal income from 1 January 2026; and 2% on company profits from 1 January 2026. Further, the implementation of the previously approved increase in...