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Estonian Parliament Approves VAT Law Changes to Benefit Small Businesses, Simplify Registration Requirements

  • Estonian parliament approves VAT law amendments to simplify registration obligations for businesses
  • Businesses in EU states other than Estonia may be exempt from VAT registration if turnover is below certain thresholds
  • Administrative benefits for small businesses with new rules
  • Intra-community turnover declaration to be merged with normal turnover declaration
  • Changes to VAT rules for newly constructed buildings to prevent abuse
  • Amendments to input tax claims to prevent full VAT refunds for mixed-use assets

Source: answerconnect.cch.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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