In an article for Rzeczpospolita, Szymon Lipiński, a consultant at Crowe Tax Advisory Department, points out that the rules on Estonian CIT remain ambiguous and gives some examples of the treatment of time-based expenses for Estonian CIT purposes.
The expert explains, inter alia, that 'the tax base in Estonian CIT is all forms of profit for the shareholders, and adds that 'in the case of hidden profits arising from time-settled costs, it is therefore crucial to determine whether a certain input should be considered as a transfer for consumption when it is incurred (expensed) or at the time the cost arises on accounting grounds'.
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The article is available in Polish only.
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