The intensifying initiatives in global tax reforms like the Base Erosion and Profit Shifting (BEPS) initiative created by the Organization for Economic Cooperation and Development (OECD), along with many localized tax reform efforts, create a negative impact for...
Unveiling the Unique Tax Landscape of Estonia Estonia’s corporate tax system continues to be an exemplar of innovation and efficiency, consistently topping the OECD Tax Competitiveness Index for the ninth consecutive year. The linchpin of this impressive model...
Introduction In the age of globalization, cross-border investments have gained significant momentum. An increasing number of international investors are exploring different avenues to diversify their portfolios, and one such avenue is real estate holdings abroad....
Estonia is usually considered to be one of the most tax-competitive countries – even ranking first on the Tax Foundation’s International Tax Competitiveness Index for the last nine years. Estonia has a 20% top statutory corporate income tax rate that only applies to...
Estonia has a proportional income tax system. Personal income tax is 20% for everyone – not all type of income is taxable. Residents of Estonia are subject to income tax on their worldwide income. Nonresidents are subject to income tax on income from Estonian...