Tax Stories
Tax Stories: Life, Business & Tax
Ep.6 Tanel Molok & Kaido Kunnapas - the only way for a small country
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Ep.6 Tanel Molok & Kaido Kunnapas - the only way for a small country

In this episode we chat with two Estonian tax experts. What can you learn in the episode?

Tanel Molok has studied tax in Amsterdam, was a lawyer with the Estonian tax authorities for 10 years, and for more than 8 years he was with Sorainen law firm, now working for Bolt. Kaido Kunnapas is a tax partner at Sorainen in Estonia, has been teaching tax at the Tallinn University of Technology.

In this episode you will learn about:

  • Achievements of Estonian tax system and its tax authorities in facilitating the business-friendly environment:

    • how and why the tax authorities transformed; o the unique corporate tax system (no tax until distribution of profits),

    • 95% of VAT payers get the refund just in a couple of days, o individuals can file the tax returns just in a couple of minutes,

    • in some cases the tax of individuals is collected from income automatically.

  • What could be the reasons for unicorns like Skype, Bolt, Pipedrive, Transferwise to emerge from Estonia?

  • Danske bank AML scandal impact on the Estonian market.

  • What is done well in the Latvian tax system from the Estonian perspective?

  • Why they said that the Latvian startup tax environment is even better than in Estonia?

  • We compared tax and business environment in all 3 Baltic states.

  • We dived into the Estonian tax dispute system.

  • Why the authorities make public turnover and payroll taxes of companies quarterly?

Recorded in 2021. Apologies for a poor sound quality.

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