Estonia's VAT Rate Rises to 24 Percent From Tuesday

Estonia's VAT rate rises to 24 percent from Tuesday

As of Tuesday, the value-added tax on all goods and services has risen from 22 percent to 24 percent. Shoppers are feeling the impact most acutely in grocery stores, where prices have already seen significant increases this year and sales volumes have declined. In addition, the excise duty on gasoline is rising by 5 percent.

Higher VAT, excise duties take effect from Tuesday

TALLINN - A number of changes affecting both businesses and consumers in Estonia take effect on Tuesday, including an increase in VAT and severa...