Estonia To Impose a 2% Tax on Accounting Profits to Cover Higher Defense Spending
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Estonia To Impose a 2% Tax on Accounting Profits to Cover Higher Defense Spending
The Estonian government agreed in principle Tuesday to impose a 2% tax on accounting profits of companies and raise value-added tax to 24% in a bid to bolster the country’s security and defense, according to a press release from the country’s ministry of finance.
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