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Estonia · Law · SE

296

Act to amend the Subsoil Act

avaldatud riigiteatajasEstonia· Riigikogu· ET

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25 September 2023

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AVALDATUD_RIIGITEATAJAS

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4 December 2023

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Summary

The draft stipulates an eight-year transitional period for the fees for granting the use of state-owned real estate for mining, in order to apply the taxation prices resulting from the change in land tax in the context of determining the fees for granting the use of state-owned land for the mining of mineral resources. During the transition period, the fee for granting the use of state-owned immovable property for mining will increase annually by up to 50 percent compared to the current fee, until new fee rates are reached in line with the new taxation rates of the land. The purpose of the law is to enable producers to gradually adapt to the increased taxation prices and, including, to ease the price pressure on consumers. As a result of the amendment to the Subsoil Act, which was already adopted and will come into effect on January 1, 2024, the annual fee rate for the grant of three percent of the land's tax price is to be used for the mining of immovable property belonging to the state.

Machine translation from Estonian. The official text remains authoritative.

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32 official files

Vabariigi Presidendi otsus

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