On 27 October 2016, the Estonian parliament approved amendments to the Value Added Tax (VAT) Act. The main changes include an increase in the registration threshold to support smaller businesses and the introduction of the reverse charge for certain metal products to reduce fraud. The changes apply as follows: From 1 January 2018, the VAT registration threshold will be increased from the current EUR 16,000 in annual sales to EUR 40,000. Businesses below the threshold may still register voluntarily in order to claim input VAT deductions. The change does not affect the distance-selling threshold of EUR 35,000. From 1 January...