Estonia Gazettes Law Amending VAT, Tax Administration Acts

The Estonian Parliament (Riigikogu) Dec. 2 posted online Law No. 462 SE, amending the VAT and Tax Administration Acts, and announced the law’s Dec. 3 publication in the Official Gazette. The law includes measures: 1) introducing a VAT exemption for virtual services, including streaming; 2) requiring VAT registration if calendar-year Estonian turnover exceeds 40,000 euros (US$41,975), with special rules for digital platform owners; 3) establishing a special VAT exemption regime for small enterprises, if previous calendar-year EU turnover is under 100,000 euros (US$104,938); 4) specifying requirements for termination of the special regime; 5) specifying conditions for the inclusion of information ...