Estonia: Underlying Tax
- Documents needed to support the underlying tax claim
The accounts showing the profits out of which the dividend was paid and details of the distribution tax will be required by the Underlying Tax Group.
- Distribution tax
Estonian companies are not subject to tax on their income; instead they are subject to a distribution tax at a rate of 26/74 on payments including dividends. This is wholly set against the United Kingdom corporation tax on the gross dividend in accordance with SP 3/01. An example is shown below.
|Distribution tax 26/74||35.14|