Estonia Parliament Considers Bill on Temporary Security Tax Due to War

The Estonian Parliament (Riigikogu) Sept. 26 accepted for consideration Bill No. 512 SE, on a temporary security tax due to the ongoing Russia-Ukraine conflict. The bill includes measures to: 1) apply a 2 percent security tax on individual income and corporate profits, from Jan. 1, 2026; 2) apply a 2 percent security tax on the turnover of resident companies and permanent establishments (PEs) operating in Estonia, from July 1, 2025; 3) specify an increase in the VAT rate for turnover covered by the temporary security tax, to 24 percent from 22 percent, from July 1, 2025, through Dec. 31, 2028; ...