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Estonia brings income tax system into line with European Union requirements
Posted on July 5, 2007 by kairikurm
At a meeting of cabinet today the government agreed in principle to amend Estonia’s income tax law so that corporate taxation is brought into line with the European Union’s Parent and Subsidiary Directive starting from 2009. The tax system will also favour future investment in Estonia.The Ministry of Finance submitted four different systems of corporate [...]
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New law reinforces fight against money laundering
Posted on July 4, 2007 by kairikurm
The Ministry of Finance has submitted the draft Money Laundering and Terrorist Financing Prevention Act, which will introduce two EU directives on the prevention of money laundering into Estonian law, for the first round of approval.“Adopting the draft would help us fight money laundering and the funding of terrorism more effectively,” explained Minister of Finance [...]
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