Tax burden excessive

Oct 01, 2009
From wire reports

TALLINN - The Confederation of Employers urged the Estonian government to carry out more extensive analyses on the impact an increase in the excise tax rates would have on the state budget and on the adoption of the euro, reports news agency LETA. “The surges in excise taxes benefit the illegal economy and decrease the capacity of legally operating enterprises to execute their investment and exports plans,” said the organization. The employers’ group added that the corporate tax burden in Estoni ...

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