Walless Tax Cookies: Estonian tax authority seeks to change established court practice
2025 03 13
The Estonian tax authority has recently made a significant and unfavourable change in its position on income taxation for individuals. Previously, the established practice allowed individuals to defer income tax liability on the sale of assets, such as securities, by first transferring them to a company, which would then sell them.
If confirmed by the court, this new change would mean that individuals will face immediate tax liability, even though the capital gain is realised by the legal entity.