Minister of Economic Affairs sets up shipping competitiveness working group ({{commentsTotal}})

Minister of Economic Affairs and Infrastructure Kristen Michal is forming a working group to analyze the competitiveness of Estonian shipping, which will primarily be tasked with studying taxation in the shipping sector.

Based on the results of the analysis, the group is to make proposals regarding possible changes to the tax environment of Estonian shipping, including possible changes in income tax, social tax and unemployment insurance premium rates for shipping crews and the introduction of a tonnage tax on shipping companies as an alternative to income tax, the minister’s order noted.

Appointed as members of the working group will be senior officials from the Estonian Maritime Administration as well as specialists from the Ministries of Economic Affairs and Communications, Finance, Social Affairs, Justice, and Rural Affairs.

The group is to submit its report to Michal no later than November 30.

Editor: Editor: Aili Sarapik

Source: BNS



Opinion
Opinion digest: Our plans do not have to bend to distorted Russophobia

In a recent opinion piece in Postimees, small business-owner and Reform Party member Vootele Päi responded to criticism sparked by Prime Minister Jüri Ratas' plans to attend a commemorative concert-service at the Estonian church in Saint Petersburg next month.

Kallas, Kasemets, Maasikas: EU is strong, no upside to losing the euro

Speaking on Vikerraadio's "Reporteritund" ahead of the 60th anniversary of the Treaty of Rome, Siim Kallas, Keit Kasemets and Matti Maasikas agreed that despite its prblems, the EU remained strong as a union.