>For the 11th year in a row, **Estonia** has the best tax code in the OECD. Its top score is driven by four positive features of its tax system.
First, it has a 20 percent tax rate on corporate income that is only applied to distributed profits.
Second, it has a flat 20 percent tax on individual income that does not apply to personal dividend income.
Third, its property tax applies only to the value of land, rather than to the value of real property or capital.
Finally, it has a territorial tax system that exempts 100 percent of foreign profits earned by domestic corporations from domestic taxation, with few restrictions.
While Estonia’s tax system is the most competitive in the OECD, the other top countries’ tax systems receive high scores due to excellence in one or more of the major tax categories. **Latvia**, which recently adopted the Estonian system for corporate taxation, also has a relatively efficient system for taxing labor income. **New Zealand** has a relatively flat, low-rate individual income tax that also largely exempts capital gains (with a combined top rate of 39 percent), a broad-based VAT, and levies no taxes on inheritance, property transfers, assets, or financial transactions. **Switzerland** has a relatively low corporate tax rate (19.7 percent), a low, broad-based consumption tax, and an individual income tax that partially exempts capital gains from taxation. **Lithuania** has a low corporate tax rate of 15 percent, allows businesses to deduct a high share of their capital investment costs, and levies a relatively flat and low-rate individual income tax.
Ometigi suured investeeringud siia ei jõua eriti.
Eks see ei jää märkamata, uued maksud siis kinnisvarale 😁
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“Tõuse nagu Eesti majandus !”
>For the 11th year in a row, **Estonia** has the best tax code in the OECD. Its top score is driven by four positive features of its tax system.
First, it has a 20 percent tax rate on corporate income that is only applied to distributed profits.
Second, it has a flat 20 percent tax on individual income that does not apply to personal dividend income.
Third, its property tax applies only to the value of land, rather than to the value of real property or capital.
Finally, it has a territorial tax system that exempts 100 percent of foreign profits earned by domestic corporations from domestic taxation, with few restrictions.
While Estonia’s tax system is the most competitive in the OECD, the other top countries’ tax systems receive high scores due to excellence in one or more of the major tax categories. **Latvia**, which recently adopted the Estonian system for corporate taxation, also has a relatively efficient system for taxing labor income. **New Zealand** has a relatively flat, low-rate individual income tax that also largely exempts capital gains (with a combined top rate of 39 percent), a broad-based VAT, and levies no taxes on inheritance, property transfers, assets, or financial transactions. **Switzerland** has a relatively low corporate tax rate (19.7 percent), a low, broad-based consumption tax, and an individual income tax that partially exempts capital gains from taxation. **Lithuania** has a low corporate tax rate of 15 percent, allows businesses to deduct a high share of their capital investment costs, and levies a relatively flat and low-rate individual income tax.
Ometigi suured investeeringud siia ei jõua eriti.
Eks see ei jää märkamata, uued maksud siis kinnisvarale 😁
tundub et liiga vähe makse, vaja juurde mõelda
Hurraaaaaaa!!!!
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