Estonia Tax Agency Issues FAQs on Goods Shipped, Brought by Travel After Brexit

The Estonian Tax and Customs Board Jan. 21 issued FAQs on the taxation of goods brought by shipments and by passenger travel after Brexit. Topics covered include: 1) a 20 percent VAT rate on goods ordered from U.K. online stores if the value of the goods exceeds 22 euros (US$26); 2) the relevant taxable event, which is the date shipments are handed over to transport undertakings in the U.K.; 3) the VAT exemption for specified goods gifted by U.K. individuals valued at up to 45 euros (US$54); 4) the VAT or excise-free gift threshold for specified goods, including tobacco and ...