30/01/2015 22:01
EURIBOR6
-2.27%
0.13
chart
EUR / RUB
+2.11%
79.9250
EUR / USD
-0.09%
1.1305
EUR / SEK
+0.39%
9.3612
Baltic temperature
  Up29.41%
  Freeze41.18%
  Down29.41%
Winners and losers
ARC1T +6.32%
BLT1T +3.09%
TAL1T +1.04%
EEG1T-2.59%
PRF1T-2.02%
HAE1T-1.44%
Turnover TOP
TVEAT434477.20
OEG1T289440.42
TKM1T61565.65
TAL1T50485.53
SFGAT5897.50
HAE1T2335.00
MRK1T2301.00
Exchange rates
Leedu litt3.4528 +0.00%
USD1.1305-0.09%
SEK9.3612 +0.39%
LVL0.7028 +0.04%
Databases of Estonian companies
Back
Text size AAA Print

Estonian tax burden lower than EU average in 2010

THIS PUBLICATION HAS 2 COMMENTS
ADD YOUR COMMENT
I can't wait for the comments on this one. Reply to the comment answer
~Taxman [28.05.2012, 12:11]
rate it
answer
Reply to the comment
Here's the full report for Estonia:

http://ec.europa.eu/taxation_customs/resources/documents/taxation/gen_info/economic_analysis/tax_structures/2012/country/ee.pdf

It should be noteworthy that the adjusted number is actually 36.8%, which is a 2.5% discrepancy and more than double in compare to EU average (below 1%).

It means by adjusted numbers, the tax burden is higher then in the UK (36.3%), for instance.

Although the tax burden contracted in 2010 (like most of the EU) due to a big share of export in the economic growth, which is a good thing in general, what worries me a little bit that the 12.2% tax plus 12.2% social contributions paid by employers is quite high, wich gives less reason for salary growth, meanwhile indirect taxation is still high and VAT was increased. Reply to the comment answer
~knut albers [28.05.2012, 13:01]
rate it
answer
Reply to the comment
Main news