Estonia is doing all it can to maintain its current income tax system in the EU tax debate, Minister of Finance Keit Pentus-Rosimannus (Reform) told ERR on Tuesday, confirming reports of Estonia, alongside Hungary, blocking a revised set of EU tax rules.
“The income tax rate could be reduced to 13-15%, sending all income tax to local governments and reducing labor taxes” suggested the Minister of Finance Keit Pentus-Rosimannus (Reform) on Monday. Writing on social media, the minister said this move would help local governments to finance maintenance and care costs. She also wrote that Estonian labor taxes are too high while health care and social care costs need to be better funded in an aging society.
The building, based on Gaudí’s unique architecture, has been under construction since 1882 and the expected year of its completion is 2026. The church is interesting not just by its architecture and a huge capacity (15,000 people), but also by the fact that its construction has been financed only from private sources.
During the past decade Slovakia used to be called a tiger in the middle of Europe. We have earned this nickname because we implemented transparent tax system with lower rates which in combination with relatively cheap labor attracted many large investors. But big corporations were not the only companies who came here to set up the regional centers or manufacturing facilities. Smaller companies from the neighboring countries were interested as well. Lower taxes were inviting…