Estonia's new government, which took office 9 April 2015, has announced its tax plans. The main changes that will be proposed include:
- Greater scrutiny of related party cross border transactions to reduce the outflow of untaxed profits;
- Abolishing the taxation of dividend payouts for shareholder holding less than 10% of a company's capital;
- Reducing the social tax on company payroll from 33% to 32%;
- Increasing the individual income tax exemption from EUR 154 to EUR 205 per month;
- Increasing …