Estonia, Innovations, Internet, Markets and Companies

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 12:24

Estonia to publish companies' revenue and employee numbers as of April

BC, Tallinn, 08.03.2017.Print version
On Wednesday the Estonian parliament adopted a law according to which as of April the Tax and Customs Board will each quarter publish companies' revenues and labor information on its web page, reports LETA/BNS,

The number of votes cast for the law was 54, while noone was against it or remained impartial.


The aim of the law amendment is to achieve a better tax behavior of persons as well as improve tax collecting. As a result, more data will be made public.


The law will also make more flexible deferring the data of payment of a tax debt as persons who know that they will not be able to pay the whole tax on time can in the future apply to defer the date of payment.


The law amendments are to take effect on Apr. 1.






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