Hi all, I have a couple of questions concerning tax on my estonian company:
My company is registered and I have an account with Wise. From time to time, I make deposits to this account under the title of Loan (to my business). (These deposits are always from outside of Estonia i.e. not earned in Estonia). At the same time, this business can have expenses that I pay for using the company’s Wise business account card. I’m wondering if this activity will be captured somewhere for tax purposes and/or needs to be declared later?
When are tax returns due in Estonia and can a person prepare these on their own without need of a service provider? My total income will very unlikely exceed 50K euro per year.
I would like to open a bank account to invest in index funds. Am I correct in assuming that once I do that, the dividends I earn from the investment are what will be subject to tax in Estonia - the principal remains tax-exempt?
Lastly, what if the value of my shares grow until such a point when I want to withdraw their entire value. What will be taxable and at what rate?