Posts tagged as home loan interests

Estonia to abolish tax exemption for home loan interests

Thursday, April 29, 2021

The state plans to end the tax exemption on housing loan interest from 2023, according to the state budget strategy (RES), approved on Thursday. Lifting of the exemption has been recommended to Estonia by the Organization for Economic Cooperation and Development (OECD) on the grounds that it benefits first and foremost households with higher incomes and thereby increases inequality. By abolishing the exemption from income tax capped at €300 a…