Finance Minister Jürgen Ligi (Reform Party) said in an interview with Äripäev that instead of the currently proposed advance payment of two percent corporate income tax, it would be more appropriate to introduce a tax on the wage fund. /nginx/o/2024/08/16/16293753t1h009b.jpg)
Finance Minister Jurgen Ligi. Photo: Madis Veltman
Finance Minister Jürgen Ligi (Reform Party) said in an interview with Äripäev that instead of the currently proposed advance payment of two percent corporate income tax, it would be more appropriate to introduce a tax on the wage fund.
The government wants to levy, among other things, a so-called security tax of two percent on both companies and individuals.
While this is easy for individuals and according to current plans, all income will be taxed at a rate of two percent, meaning the tax rate for individuals will increase to 24 percent, things are more complicated for companies. Under the Estonian system, a company must pay income tax if it actually withdraws profits from the company.
