Estonia

Estonia: Estonian Drivers Launch Initiative to Cut Fuel VAT and Excise

On 1 October 2026, the Estonian Automobile Club formally submitted a citizen’s initiative (rahvaalgatus) to the Riigikogu, backed by over 50,000 verified digital signatures, demanding immediate legislative action to reduce the VAT rate on motor fuels from the standard 22% to 13% and to lower excise duties on petrol and diesel to the minimum levels

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Estonia: Estonia Land Tax and Income Tax Deadline Looms for Thousands

On 30 September 2026, the Estonian Tax and Customs Board (MTA) issued a reminder that the deadline for the second installment of land tax (maamaks) and any additional personal income tax (tulumaks) arising from the 2025 tax returns falls on 1 October 2026. This deadline affects tens of thousands of individual taxpayers who either own

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Estonia: MTA Confirms October 1 Deadline for Land Tax and Personal Income Tax

The Estonian Tax and Customs Board (MTA) published an official notice on 30 September 2026 confirming that 1 October 2026 is the final due date for the second half of the annual land tax (maamaks) and for any additional personal income tax (tulumaks) assessed on the basis of 2025 tax returns. This statutory deadline is

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Estonia: Centre Party Proposes Bank Tax to Recapture Excess Profits from Euribor Rise

On 29 September 2026, the Centre Party (Keskerakond) faction in the Riigikogu submitted a draft law proposing a temporary windfall tax on credit institutions to capture excess profits generated by the sharp rise in Euribor rates over the past two years. The proposed bank tax would apply to net interest income exceeding a predefined threshold

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Estonia: Prime Minister Presents 2027 Budget Focused on Fiscal Consolidation

Prime Minister Kristen Michal presented the 2027 State Budget to the Riigikogu on 29 September 2026, outlining a total expenditure of €21.3 billion and revenues of €19.4 billion, yielding a nominal deficit of 4.0% of GDP – within the government’s self‑imposed ceiling. The budget prioritises defence spending (3.2% of GDP), pension indexation, and investments in

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Estonia: Estonia Monitors Neighbors’ Fuel Excise Cuts Amid Deficit

On 29 September 2026, Estonian Prime Minister Kristen Michal confirmed that the government is closely monitoring fuel excise duty adjustments in neighboring Latvia and Lithuania but ruled out immediate reductions for Estonia. The statement comes as Estonia targets a reduction of its budget deficit to below 3% of GDP in line with EU fiscal rules.

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Estonia: Government Approves 2027 State Budget with €21.3 Billion Expenditure

The Estonian Cabinet formally approved the 2027 State Budget Bill and the 2027–2030 Fiscal Strategy on 28 September 2026, setting the stage for parliamentary deliberations. The approved budget envisions total expenditure of €21.3 billion, revenue of €19.4 billion, and a deficit of 4.0% of GDP, consistent with the Medium‑Term Budgetary Objective under the EU Fiscal

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Estonia: PM Michal Signals Fuel Excise Cut Monitoring Neighboring Countries’ Actions

In an interview on the programme “Stuudios on peaminister” broadcast on 28 September 2026, Prime Minister Kristen Michal adopted a more flexible stance on fuel excise duties, stating that the government “monitors neighbouring countries’ actions” regarding potential reductions. This marks a departure from Finance Minister Jürgen Ligi’s earlier insistence on maintaining current excise levels to

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Estonia: Full Budget Details: €21.3bn Plan Boosts Defence, Pensions; Cuts Healthcare

The full text of the 2027 State Budget Bill, released on 28 September 2026, reveals a detailed allocation of the €21.3 billion expenditure envelope. Defence spending rises to €680 million (3.2% of GDP), fulfilling the NATO 2% guideline with a margin for capability development. Pension expenditures increase by €120 million due to indexation and a

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Estonia: Finland Explores Fuel Tax Cuts to Lower Soaring Motor Fuel Prices

The Finnish Government announced on 28 September 2026 that it is actively examining options to reduce motor fuel prices, which have surged to over €2.50 per litre for petrol in some regions. Prime Minister Petteri Orpo stated that “tax measures are on the table”, including a temporary reduction in excise duties on petrol and diesel,

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