Income-tax-rate deal unites political coalition

  • 2003-03-27
  • Aleksei Gunter
TALLINNRes Publica, the Reform Party and People's Union, the three Estonian political parties currently in coalition talks, agreed this week to a gradual decrease of the income tax - a major step toward setting up a new government.The parties agreed on tax reform on March 21 and could ink a coalition agreement later this week.According to the agreement, an annual 2 percent decrease of the current 26 percent income tax rate would start in 2004 and last three years. The monthly tax-free minimum income would increase by 400 kroons (25.50 euros) in 2004 and by 300 kroons in 2005 and 2006 to a c...
 
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.


In case you don't have a subscription yet - please visit our SUBSCRIPTION section