Tax returns for 2012 were filed by a total of 640,715 Estonian taxpayers, 99.3 percent of the estimated number, and according to preliminary figures income tax refunds amount to nearly 97 million euros.
Estonian taxpayers to get back EUR 97 mln in income tax refunds
11th April 2013, 14:17
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Some 95 percent of all tax returns were filed electronically, 1.3 percent more than last year, the Tax and Customs Board said.
According to preliminary data, close to 97 million euros of excess personal income tax has to be returned, which is 3.6 million euros less than last year. The sum total of tax that has to be additionally paid, at 19.9 million euros, is also smaller than last year when it amounted to 26.8 million euros.
The tax authority has so far paid out 85 million in refunds. Three million euros of income tax has been transferred to bailiffs and 4.2 million euros' worth of tax returns are being checked for correctness.
Refunds to taxpayers who filed paper returns will begin to be paid on April 15.
The deadline for filing tax returns was April 1 this year.
The Tax and Customs Board will prepare a general overview of the declaration of income in May and a detailed account in August.