Estonia and Finland have started to exchange real-time data, a world-first for the automatic exchange of information between national tax administrations.
In the past, information has been exchanged between the Estonian Tax and Customs Board and the Finnish Tax Administration but only through manually processed requests.
The new system will enhance tax control, save resources and improve the quality of services offered to customers.
Since January 2021, Finland has received real-time information on tax debts from Estonia. This year, the tax administrations of both countries will launch further secure real-time exchanges, extending to VAT information as well as labor and social tax information.
The information is exchanged via X-Road. Cooperation will continue in the future and more services will be opened in the coming years.
Although the exchange of similar information has been possible in the context of traditional information exchange, real-time information exchange enhances the investigation of cross-border tax offenses and allows for more effective cooperation.
Read more: ERR.EE