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Estonia Provides Tax Debt Rescheduling and Extended Individual Income Tax Return Deadline Due to COVID-19

14 May 2020

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Approved Changes

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Estonia

Estonia's tax authority recently issued a release announcing interest relief on tax debt rescheduling to aid businesses facing tax difficulties as a result of the current (COVID-19) emergency. Estonia has already provided general interest relief during the current state of emergency but will resume interest on outstanding tax debt once the emergency period ends at a reduced rate of 0.03% per day (temporary reduction from standard 0.06% rate). The emergency period is currently scheduled to end on 18 May 2020. The relief on tax debt rescheduling includes that from 1 May 2020, 100% interest relief on deferred tax debt may...