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Reminder from MTA for VAT registration obligation starting from January 1, 2025.

  • MTA sent reminders for VAT registration
  • Over 24,000 businesses were notified via email
  • Registration required for businesses with annual turnover exceeding 40,000 euros
  • Certain transactions are excluded from the turnover calculation
  • More information available on MTA website
  • Random transactions are those not related to the main business activities
  • Frequency, amount, and proportion do not determine randomness
  • Examples of random transactions include investments and loans

Source: emta.ee

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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