- Estonia adopted important amendments to its tax laws, providing for an increase in tax rates for value added tax (VAT), excise duties and gambling, as well as modifications to corporate and individual income tax.
- Changes in corporate income tax eliminate the preferential tax rate on regularly paid dividends starting from 2025 (currently 14%), which may have an adverse effect on the current dividend policy of the companies. In addition to the increase in standard VAT rate, amendments also foresee an increase in reduced VAT rates established for accommodation services and periodicals.
Source EY