Estonia's new government, which took office 9 April 2015, has announced its tax plans. The main changes that will be proposed include: Greater scrutiny of related party cross border transactions to reduce the outflow of untaxed profits; Abolishing the taxation of dividend payouts for shareholder holding less than 10% of a company's capital; Reducing the social tax on company payroll from 33% to 32%; Increasing the individual income tax exemption from EUR 154 to EUR 205 per month; Increasing taxes on tobacco, alcohol and transport fuels; and Abolishing the reduce VAT rate on certain services, including tourism services The plans...