Estonia Gives Companies Break on Late Tax Payments Due to Virus

March 18, 2020, 3:23 PM UTC

Estonia has suspended interest penalties on late corporate tax payments for two months to help companies affected by the new coronavirus, the Ministry of Finance announced Wednesday.

  • Penalties will be suspended from March 1 to May 1.
  • Companies must still continue to meet tax filing deadlines. For example, value-added tax filings are due March 20, the government said.
  • Minister of Finance Martin Helme said a broader economic package to lessen the impact of the Covid-19 outbreak will be released soon.

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.