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  • Maksu- ja Tolliamet
    course of the ownership reform Income derived from the assets upon the merger of the company with the assets of the natural person Income received abroad Pre completed information on an income tax return Sale of inherited property According to the Law of Succession Act with the acceptance of a succession all rights and obligations of the bequeather transfer to the successor except those which by their nature are inseparably

    Original URL path: http://vanaweb.emta.ee/index.php?id=36315 (2016-02-16)
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  • Maksu- ja Tolliamet
    property returned in the course of the ownership reform Income derived from the assets upon the merger of the company with the assets of the natural person Income received abroad Pre completed information on an income tax return Sale of inherited property returned in the course of the ownership reform If a successor sells the land received from the bequeather to whom the land had been returned in the course

    Original URL path: http://vanaweb.emta.ee/index.php?id=36317 (2016-02-16)
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  • Maksu- ja Tolliamet
    or residential lease and payment for encumbering a thing with limited real rights Taxation of income derived from sale of goods on the Internet Sale of inherited property Income derived from the assets upon the merger of the company with the assets of the natural person Income received abroad Pre completed information on an income tax return The income derived from the assets upon the merger of the company with the assets of the natural person If the sole shareholder of a company who is a natural person has merged the assets of the company with the personal assets as an alternative to the liquidation proceedings of the company then he she shall have to declare it in table 6 6 of the income tax return The difference between the income received from the company in monetary or nonmonetary form and the liabilities taken over and the acquisition cost of the holding shall be declared The income received in nonmonetary form shall be stated at the market price The received gains shall be taxed except the share of profit taxed by the company If upon merging the liabilities of the company are taken over then the amount of the liabilities

    Original URL path: http://vanaweb.emta.ee/index.php?id=38176 (2016-02-16)
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  • Maksu- ja Tolliamet
    of income derived outside Estonia In addition to income received in Estonia a person is required to declare his or her income derived from abroad from different sources income from employment dividends and business income commercial or residential lease royalties remuneration paid to artists or sportsmen interest pensions fringe benefits cultural sports or scientific awards benefits support gambling winnings gains from transfer of property insurance indemnities income of shareholders and other income derived abroad which are subject to taxation in Estonia A proportional part of income of a legal person located in a low tax rate territory and controlled by an Estonian resident is also deemed to be income If a person stays outside Estonia longer than 183 days in the period of 12 consecutive months while his or her place of residence in Estonia is maintained all worldwide income should be declared in Estonia and additionally assessed taxes must be paid if necessary From the point of charging income tax a person s place of residence or actual stay in Estonia in other words a person s personal and economic relations with the state is more relevant than his or her citizenship An Estonian resident natural person is an Estonian resident or a person who has stayed in Estonia for at least 183 days in 12 consecutive months Upon taxation in order to avoid double taxation of income received in different countries we proceed from the national provisions laid down for avoidance of double taxation and the international conventions for avoidance of double taxation Upon calculation of income tax in Estonia the income tax already paid on income derived abroad will be taken into account If the amount of income tax paid abroad is smaller of the amount of the income tax calculated on the income tax return in

    Original URL path: http://vanaweb.emta.ee/index.php?id=29328 (2016-02-16)
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  • Maksu- ja Tolliamet
    by documents Also the dividends received abroad are exempt from income tax in Estonia if the income tax paid on the share of profit which was the basis for dividends has been paid or withheld in the foreign country Although a person is not required to pay income tax in Estonia on the income from employment derived abroad and on the dividends received abroad he or she is still required to declare such income in table 8 8 of the income tax return on income derived outside Estonia The dividends subject to taxation received on financial assets involved into the system of the investment account and transferred to the investment account shall be declared in table 6 5 as payment form an exception The taxpayers are also required to declare income not subject to taxation under an international agreement Income taxable outside Estonia and declared in table 8 8 is not subject to any further income tax irrespective of the amount of income tax paid abroad Income charged with income tax in a foreign country and entered in table 8 8 is not included in the taxable income in Estonia Income from employment and dividends received abroad are taxable in Estonia in the following cases if a resident natural person has stayed in the foreign state for the purpose of employment less than 183 days in the period of 12 consecutive months if the payment received from employment abroad is not subject to taxation in that state even if the person has stayed in a foreign country more than 183 days in the period of 12 consecutive months income tax on dividends has not been withheld in a foreign country and the foreign company has not paid the income tax in the foreign country on the share of profit which

    Original URL path: http://vanaweb.emta.ee/index.php?id=29331 (2016-02-16)
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  • Maksu- ja Tolliamet
    income the person is abroad he or she can submit an income tax return in the internet through the e Tax Board e Customs Information on income received outside Estonia and the expenses paid in other Contracting State to the European Economic Area Agreement tax incentives which may be deducted from income is not pre completed Income derived abroad that is taxable in Estonia is declared in table 8 1 of the form Income derived outside Estonia Although the taxable income from employment derived outside Estonia and the dividends received abroad are not subject to taxation in Estonia they still have to be declared in table 8 8 of the income tax return form Income derived outside Estonia Also income which according to an international agreement is not subject to taxation in Estonia must be declared If social security payments and contributions pension health maternity unemployment accident at work or occupational disease insurance have been paid abroad the payment of which is mandatory according to the foreign legislation or an under an international agreement the aforementioned payment or contribution may be deducted in Estonia from the taxable income derived abroad to be declared in table 9 7 of on the income tax return form Income derived outside Estonia Income received abroad shall be declared in the currency received except for gains in Table 8 2 or loss upon transfer of securities that are to be filled in euros Income received abroad in currency other than euro will be recalculated into euros at the exchange rate effective in the European Central Bank at the date of receipt of income thus columns for the dates were inserted in the table for income derived abroad If a resident natural person of another state of the Contracting Party to the EEA Agreement has received

    Original URL path: http://vanaweb.emta.ee/index.php?id=29333 (2016-02-16)
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  • Maksu- ja Tolliamet
    cut standing crop and felled timber Rent from commercial or residential lease and payment for encumbering a thing with limited real rights Taxation of income derived from sale of goods on the Internet Sale of inherited property Income derived from the assets upon the merger of the company with the assets of the natural person Income received abroad Income from employment and dividends received abroad Declaration of income derived outside Estonia Information on taxation of income derived outside Estonia and avoidance of double taxation Restriction on deductions from taxable income received abroad Pre completed information on an income tax return Information on taxation of income derived outside Estonia and avoidance of double taxation Estonia has concluded the Conventions for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital with several countries laying down the conditions on which occasions and to which extent the income of the residents of the contracting parties shall be taxed Information of the countries with whom the Republic of Estonia has concluded the agreements for avoidance of double taxation and full texts of these agreements are available here Conventions for the avoidance of double taxation and

    Original URL path: http://vanaweb.emta.ee/index.php?id=29335 (2016-02-16)
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  • Maksu- ja Tolliamet
    credit method the income received abroad shall be taxable in Estonia but taking into account the income tax paid or withheld abroad according to the conditions specified in 45 2 to 6 of the Income Tax Act 1 Exemption method income to be declared in Table 8 8 A resident natural person who received at least 75 of his or her taxable income abroad during the period of taxation and a part of this income or gross income is exempt from income tax in Estonia may make the deductions allowed under Chapter 4 of the Income Tax Act on his or her income taxable in Estonia in proportion to the Estonian income in the taxable gross income of the same period of taxation Taxable income means a person s income before deductions that is taxable in Estonia or in the country where income was derived Example In 2015 a resident natural person received dividends abroad in the amount of 6000 euros which were taxed abroad and which are exempt from income tax in Estonia In Estonia the person earned rental income in the amount of 2000 euros The person s taxable gross income is 8000 euros where 6000 euros of this amount were earned abroad The proportion of deductions is calculated as follows Estonian income is divided to gross income hence 2000 8000 100 25 In this case the person may make deductions of up to 25 from his or her Estonian taxable income For example in the period of taxation the amount of basic exemption is 1848 euros and 25 of this amount is 462 euros Consequently from the income taxable in Estonia the person may deduct the basic exemption in the amount of 462 euros The abovementioned restriction does not apply to the unemployment insurance premiums withheld contributions

    Original URL path: http://vanaweb.emta.ee/index.php?id=31675 (2016-02-16)
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