Tax and Customs Board

Last updated
Tax and Customs Board
Maksu- ja Tolliamet
Jurisdictional structure
Operations jurisdiction Estonia
Specialist jurisdictions
Operational structure
HeadquartersLõõtsa 8a, 15176 Tallinn, Estonia
Agency executive
  • Valdur Laid [1] , Director General
Parent agency Ministry of Finance
Website
www.emta.ee/eng

The Tax and Customs Board (Estonian : Maksu- ja Tolliamet), also known by its acronym MTA, is the taxation authority in the Republic of Estonia. It is an agency of the Ministry of Finance.

Contents

The agency deals with collection of revenue for the state budget, the implementation of tax laws, customs rules and related legislation, enforcement, licensing gambling companies and lottery organisations, supervision and inspection of gambling and lotteries, and provision of service to citizens and e-residents to aid in fulfilment of tax liability and customs procedures.

Regulator of non-profit organisations

A non-profit organisation (NPO) is a legal entity whose primary purpose is not to generate profit but to serve the public good. These organisations engage in various activities, including promoting culture, sports, education, and charity, with their efforts focused on benefiting society rather than making a profit. [2]

The operation of NPOs is regulated by the Ministry of Justice, and all information is registered and stored in the Register of Non-Profit Organisations and Foundations, which is maintained by the Register Department of the Tartu District Court and the Register and Information Systems Centre. [3]

Non-profitability and tax exemptions [4]

When registering or in the course of its operations, an organisation may also apply for inclusion in the List of Non-Profit Organisations, Foundations and Religious Associations with Income Tax Exemptions (the ‘List’). To be eligible, the organisation must act in the public interest and engage in charitable activities.

Membership in the List allows NPOs to receive income tax benefits on donations/gifts, admission expenses and pay scholarships without income tax.

To receive a discount on income tax, an organisation must submit an application to the Tax and Customs Service.

Requirements and obligations [5]

To be listed and remain on the list, an organisation must meet certain requirements.

Along with the annual financial statements, the organisation is obliged to submit to the Tax and Customs Board once a year the declaration form of INF 4 "Gifts and Donations" and the declaration form of INF 9 "Declaration on the Use of Gifts, Donations and Other Income".

Related Research Articles

<span class="mw-page-title-main">Nonprofit organization</span> Organization operated for a collective benefit

A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, or simply a nonprofit, is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be nonprofit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without having tax-exempt status.

<span class="mw-page-title-main">Charitable trust</span> Irrevocable trust established for charitable purposes

A charitable trust is an irrevocable trust established for charitable purposes. In some jurisdictions, it is a more specific term than "charitable organization". A charitable trust enjoys varying degrees of tax benefits in most countries and also generates goodwill. Some important terminology in charitable trusts includes the term "corpus", referring to the assets with which the trust is funded, and the term "donor," which is the person donating assets to a charity.

<span class="mw-page-title-main">Donation</span> Gift for a cause

A donation is a gift for charity, humanitarian aid, or to benefit a cause. A donation may take various forms, including money, alms, services, or goods such as clothing, toys, food, or vehicles. A donation may satisfy medical needs such as blood or organs for transplant.

A foundation is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities. Foundations encompass public charitable foundations, like community foundations, and private foundations, which are often endowed by an individual or family. Nevertheless, the term "foundation" might also be adopted by organizations not primarily engaged in public grantmaking.

<span class="mw-page-title-main">Fundraising</span> Process of gathering donations

Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.

<span class="mw-page-title-main">Charitable organization</span> Nonprofit organization with charitable purpose

A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being.

<span class="mw-page-title-main">Religious organization</span> Organization that supports the practice of a religion

Religious activities generally need some infrastructure to be conducted. For this reason, there generally exist religion-supporting organizations, which are some form of organization that manages:

Gift Aid is a UK tax incentive that enables tax-effective giving by individuals to charities in the United Kingdom. Gift Aid was introduced in the Finance Act 1990 for donations given after 1 October 1990, but was originally limited to cash gifts of £600 or more. This threshold was successively reduced in April 2000 when the policy was substantially revised and the minimum donation limit removed entirely. A similar policy applies to charitable donations by companies that are subject to the UK corporation tax.

This article describes the various laws related to non profit organisations in India. A non profit organisation can be registered in India as a Society, under the Registrar of Societies or as a Trust, by making a Trust deed, or as a Section 8 Company, under the Companies Act, 2013.

Laws regulating nonprofit organizations, nonprofit corporations, non-governmental organizations, and voluntary associations vary in different jurisdictions. They all play a critical role in addressing social, economic, and environmental issues. These organizations operate under specific legal frameworks that are regulated by the respective jurisdictions in which they operate.

<span class="mw-page-title-main">Ministry of Justice (Estonia)</span> Government ministry of Estonia

The Estonian Ministry of Justice is the Ministry of Justice of Estonia. The Minister of Justice is the senior minister at the Ministry of Justice in the Estonian Government. The Ministry is responsible for providing support to the court system and providing legal focus in proposing new laws.

Taxes in Switzerland are levied by the Swiss Confederation, the cantons and the municipalities.

The tax legislation of Azerbaijan is comprised by the Constitution of Azerbaijan Republic, the Tax Code and legal standards which are adopted herewith. The taxes levied in Azerbaijan can be generally broken down into 3 main types: state taxes, taxes of autonomy republic and local (municipal) taxes. State taxes include the following: personal income tax, corporate tax, value added tax, excise tax, property tax, land tax, road tax, mineral royalty tax and simplified tax. Taxes of autonomy republic are the same as state taxes but levied in Nakhichevan Autonomous Republic.

A charitable organization in Canada is regulated under the Canadian Income Tax Act through the Charities Directorate of the Canada Revenue Agency (CRA).

<span class="mw-page-title-main">Taxation in South Africa</span>

Taxation may involve payments to a minimum of two different levels of government: central government through SARS or to local government. Prior to 2001 the South African tax system was "source-based", where in income is taxed in the country where it originates. Since January 2001, the tax system was changed to "residence-based" wherein taxpayers residing in South Africa are taxed on their income irrespective of its source. Non residents are only subject to domestic taxes.

Gambling in Estonia is relatively young. While Estonia was a part of the USSR, all types of gambling activities were banned. Despite the prohibition, illegal casinos still functioned, but the real history of gambling started in 1994-1995 when the first Lottery Act of 1994 and the first Gambling Act of 1995 came into power. As the capitol, Tallinn has more casinos than any other Estonian town. As of September 2010, there were 33 casinos in Tallinn. That's 3 times less than in 2008, when 91 gambling venues operated in this city. According to experts, the main reasons for such decrease were the consequences of the crisis and the adoption of the new gambling law in 2008. The legal age for playing at casinos is 21.

<span class="mw-page-title-main">Taxation in Taiwan</span>

Taxes provide an important source of revenue for various levels of the Government of the Republic of China. The tax revenue of Taiwan in 2015 amounted NT$2.1 trillion.

Taxation in Estonia consists of state and local taxes. A relatively high proportion of government revenue comes from consumption taxes whilst revenue from capital taxes is one of the lowest in the European Union.

Taxes in Bulgaria are collected on both state and local levels. The most important taxes are collected on state level, these taxes include income tax, social security, corporate taxes and value added tax. On the local level, property taxes as well as various fees are collected. All income earned in Bulgaria is taxed on a flat rate of 10%. Employment income earned in Bulgaria is also subject to various social security insurance contributions. In total the employee pays 12.9% and the employer contributes what corresponds to 17.9%. Corporate income tax is also a flat 10%. Value-Added Tax applies at a flat rate of 20% on virtually all goods and services. A lower rate of 9% applies on only hotel services.

Charities Directorate of Canada is part of the Federal Ministry of National Revenue, and is responsible for reviewing the applications for charity registration, as well as auditing and maintaining accountability through education and responsible enforcement. They work to count and monitor the registered charities operating in Canada in the fairest way possible. As of December 2014, there were 86,193 charities registered in the directorate. The Directorate is located in Ottawa, in the Canadian Revenue Agency offices.

References

  1. "MTA uueks juhiks nimetati Valdur Laid". MTA (in Estonian). 2017-04-11. Retrieved 2018-03-21.
  2. "Mittetulundusühingu asutamine". www.mtyabi.ee (in Estonian). Retrieved 2024-08-26.
  3. "European e-Justice Portal - Business registers in EU countries". e-justice.europa.eu. Retrieved 2024-08-26.
  4. "Tulumaksusoodustusega ühingule | Maksu- ja Tolliamet". www.emta.ee (in Estonian). Retrieved 2024-08-26.
  5. "Nõuded nimekirjas püsimiseks | Maksu- ja Tolliamet". www.emta.ee (in Estonian). Retrieved 2024-08-26.