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KPMG InfoCourier April 2019

KPMG InfoCourier April 2019

InfoCourier provides a monthly overview of the latest changes in legislation.

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Joel Zernask

Partner, Head of Tax Services

KPMG Baltics OÜ

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KPMG InfoCourier April 2019

Impact of Brexit on VAT returns from the United Kingdom

As negotiations over the date of Brexit are still in progress, we recommend that entrepreneurs who have any costs from 2019 for which VAT has been paid in the United Kingdom, submit their VAT return application early. After Brexit, return applications for VAT paid in the UK will be processed under the procedure which applies to non-EC taxpayers. Its implementation, however, requires that Estonia and the United Kingdom agree on a reciprocal return system first.

VAT return applications to other EU member states are subject to a minimum of 400 € for quarterly costs. If only one VAT return application is submitted per year, the amount to be returned must be no less than 50 €.

For further information, please contact Merike Oja, tax adviser, moja@kpmg.com 

European Commission updates the EU list of non-cooperative tax jurisdictions

The European Commission supplemented the so-called black and grey lists with new jurisdictions in March 2019.

Countries and jurisdictions where the tax system is not sufficiently transparent, well managed, or based on real economic activity, as well as countries with 0% corporate income tax shall be entered in the black list.

While the black list is drawn up at the European Union level, Estonia retains the right to establish the tax provisions concerning the countries and jurisdictions in that list in its sole discretion.

New jurisdictions and countries blacklisted include Barbados, the United Arab Emirates, the Marshall Islands, Aruba, Belize, Bermuda, Fiji, Oman, Vanuatu and Dominica.

In 2019, another 34 (the so-called grey list) countries will continue to be monitored to determine whether they need to be blacklisted.

European Commission press release can be found here

The EU list of non-cooperative tax jurisdictions, as well as the English-language overview of its entry and deletion principles can be found here

For further information, please contact Mikk Tereping, mtereping@kmpg.com

Extensive interruption of the Tax and Customs Board (ETCB) information systems operation

Due to technical restructuring, a planned interruption of the ETCB information systems will be carried out from the afternoon of 3 May to 8 May, during which the services e-Tax / e-Customs and the X-Road services related to the ETCB databases will be unavailable. Also, no inquires can be made to the ETCB information systems at that time. 

On account of the interruption, ETCB recommends scheduling all your activities related to the ETCB information systems and databases either before or after the interruption. When the ETCB- related X-Road services are probably operational again as early as 6 May, i.e. at the beginning of the working week, the e-Tax / e-Customs operations are expected to resume on 8 May.

Replacement operations on paper are provided for customs operations and other necessary services.

Source: ETCB 

As of 3 May, the e-Tax / e-Customs environment can be accessed via an ID-card, a Mobile-ID or a Smart-ID

It will no longer be possible to log in to the e-Tax / e-Customs environment by using the authentication password cards issued by the Board because they no longer meet the current security requirements as of Friday, 3 May 2019.

From that day, the e-Tax / e-Customs environment can be accessed via an ID-card or a Mobile-ID and from 10 May, also via a Smart-ID.

In addition to the Estonians, citizens of Latvia and Lithuania will benefit from an additional authentication option: they can use the Smart-ID application on a smart device.

The possibility remains to sign in via a bank link, using the authentication means accepted by your bank.

Additional information

Source: ETCB

© 2019 KPMG Baltics OÜ, an Estonian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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