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Estonia · Bill · SE

763

Law on Supplementing the Value Added Tax Act

tagasi lykatudEstonia· Riigikogu· ET

Introduced

22 November 2018

Last action

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TAGASI_LYKATUD

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Source updated

22 November 2018

Summary

The draft provides for the introduction of VAT for the taxation period of one year for small businesses with up to ten employees and a turnover of up to 200,000 euros per year. If the annual turnover of a small business with up to ten employees is 200,000 - 2,000,000 euros, the VAT taxation period would be extended to three months. The reason given is that the longer VAT taxation period reduces the administrative burden on small businesses and the Tax and Tollimet.

Machine translation from Estonian. The official text remains authoritative.

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6 official files

Seletuskiri pdf

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