The Estonian Tax and Customs Board has announced that during August it has been successful in chasing the tax arrears of 62,534 taxpayers, cumulatively owing over EUR384m.
According to the authority, EUR352m was received from 17,500 businesses, while the remaining EUR31m was received from 45,000 individuals.
The authority said that it had had some success in marginally reducing the tax debt, however the number of debtors has remained the same, highlighting the challenges faced by tax authorities in obtaining outstanding amounts from struggling businesses and individuals during the downturn.
The authority has also recently highlighted the challenges of tax culture in Estonia, stating that Value-Added Tax fraud and the use of fictitious invoices remains a significant problem. In the short-term, the tax authority said, it is to focus efforts on tackling non-compliance with respect to the payment of income taxes on building sites.
.Tags: tax | business | individuals | Estonia | tax avoidance | fiscal policy | compliance | tax authority
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