The Estonian parliament has approved two amendment laws for the implementation of tax increases that were included as part of the Coalition Agreement 2023-2027, with some adjustments. Both laws were sent for signature by the president on 20 June 2023. The Value Added Tax Amendment Act 147 SE increases the standard VAT rate from 20% to 22% with effect from 1 January 2024. The Amendment Act also includes certain transitional provisions, including the provision that the 20% rate may continue to be applied in relation to contracts concluded prior to 1 May 2023 with a VAT-inclusive price using the 20%...