Short car rent with driver is illegal

 There are drivers in Tallinn, who claim to offer short car rental with a driver, city’s Transportation Board said it’s new form of illegal taxi service, ERR News reports.
When client buys car rental service, then the parties should sign a rental contract and these shouldn’t have a taximeter.
Municipal police discovered to CAN car rental cars [...]

Estonian legislation discriminates against foreign pension and investment funds

The following article is written by Peep Kalamäe, tax manager of PricewaterhouseCoopers AS, at BBN.ee.
The Government of Estonia has submitted a new draft Act (352 SE I) to the Riigikogu (Parliament of Estonia) which among other matters plans to once again change the taxation of dividends payable to non-resident minority shareholders in a manner which would [...]

Russians finally received translation to Employment Act

The new Employment Act is now available in English and Russian as well, the Ministry of Social Affairs announced yesterday, ERR News writes.
The announcement is surprising since after 2006 when the Ministry of Justice started to take care of translations, the translation to Russian became non-existent.
The Ministry of Justice based the fact that 400,000 people [...]

Estonia stopped translating the laws into Russian

The state of Estonia stopped translating the laws into Russian, pointing to lack of money, ERR News reports.
That means nearly 400,000 citizens do not have access to the laws, rights and obligations that regulate their daily life in their native language.
Translating the laws into Russian became non-existent after 2006, when the task was taken over [...]

No major changes in Estonian corporate tax reform 2009

The following article is written by Erki Uustalu, Senior Tax Manager at PricewaterhouseCoopers:
At the end of last week, the Estonian Parliament passed two draft laws that will change the corporate taxation as of January 1, 2009. According to the changes adopted, the distinctive feature of Estonian corporate tax system where the corporate profits are tax-exempt [...]

Estonian Parliament adopted changes to the VAT Act

The following article is written by Ain Veide,  PricewaterhouseCoopers, Senior Tax Manager:
On 4 December 2008, the Estonian Parliament adopted further amendments to the VAT and Income Tax Act, which will generally become effective from 1 January 2009. The most significant amendments concern the increase of taxable value of the private use of company cars, the [...]

Estonian taxes as of 2009

On 18th and 19th of November and on 4th of December, Estonian Parliament passed amendments to tax laws, Sorainen law firm reports.
Amendments of the Estonian Income Act that are applicable from 1st of January 2009 are:
1. Income tax rate will not decrease and remains 21% for the year 2009.
2. Amendments passed in spring of 2008 [...]

Estonian state opened its door on the internet for foreign investors

Estonian company registration portal now allows to use Portuguese, Lithuanian and Belgium ID-card to establish a company in Estonia, the Ministry of Justice announced.

Finland will be added to these countries in the near future.
It’s likely the first time when one country’s register officially accepts other countries’ ID-cards and signatures given with them, Rein Lang, [...]

Half of casinos in Estonia set to go out of business

The amendments to the draft gaming act that the Parliament is about to adopt today will toll the bell to about half of casinos in Estonia.
Postimees writes that the draft bill that has been in preparation and debate for over four years will take effect on January 1.
Also Tõnis Rüütel, head of the Estonian association [...]

Estonian government makes taxpaying simpler

The Estonian government endorsed a bill on amendments to the Taxation Act, which will simplify the procedure of the payment of taxes and settlements. One of the main amendments is that instead of the present nearly 100 different types of prepayment accounts, one prepayment account will be taken into use per each taxpayer and all [...]