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Estonian Parliament Passes Bill Amending VAT Act to Include Tax Exemptions and Definitions

  • Estonian Parliament passed Bill No. 462 SE to amend the VAT Act
  • Measures include amending definitions, exempting VAT on goods/services from EU sellers, clarifying place of turnover for streaming services, and applying VAT exemption to small businesses
  • Amendments to take effect from Jan. 1, 2025
  • Aim is to simplify VAT regulations and support small businesses operating in the EU

Source: news.bloombergtax.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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