The Parliament has commenced consideration of two packages of tax-related draft legislation.
The Parliament (Riigikogu) has commenced consideration of the draft Security Tax Act, under which beginning in 2026, the 2% security tax would be imposed on:
The Security Tax Act would also temporarily increase the standard value added tax (VAT) rate to 24% (from 20%) beginning July 1, 2025, until December 31, 2028.
In addition, the Parliament has initiated consideration of proposed amendments to the taxation of income earned through a business account which would become effective January 1, 2025.
Read an October 2024 report prepared by the KPMG member firm in Estonia