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Estonia abolishes corporate income tax

Aug 26, 1999
Brooke Donald

TALLINN - After several weeks at the negotiating table, the ruling three-party coalition surprised observers by settling on a budget that abolishes corporate income tax as of Jan. 1, 2000. The council also announced that customs tariffs would be imposed on imports from non-EU countries beginning on the same date. "It happened as a compromise," said Jurgen Ligi, chairman of the Reform Party faction. "There was great necessity for compromise." There had been growing speculation that the Reform Par ...

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