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The VAT Return Will Disappear Into the Dustbin of History: From 2027, the Tax Board Will Calculate Taxes Itself
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The VAT return will disappear into the dustbin of history: from 2027, the Tax Board will calculate taxes itself. Instead of filling out the KMD form, the accountant will send the transaction data to the Tax Board, based on which the MTA will calculate taxes itself. The new system will enter into force on April 1, 2027, writes Raamatupidaja. Richard Kirves, Accounting, Taxes.
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