Draft law amending the Simplified Taxation Act for Entrepreneurs and the Tax Procedure Act (463 SE) – Second Reading
Session: 15th Riigikogu, 4th session, plenary sitting
Date: 2024-11-21 01:37
Participating Politicians:
Total Speeches: 8
Membership: 15
Agenda Duration: 4m
AI Summaries: 8/8 Speeches (100.0%)
Analysis: Structured Analysis
Politicians Speaking Time
Politicians
Analysis
Summary
The second reading of the draft law amending the Enterprise Income Tax Simplification Act and the Tax Procedure Act, initiated by the Republic's Government, has been completed. Member of the Finance Committee Mart Võrklaev served as the rapporteur responsible for the consideration of the draft. The first reading has been concluded, and the committee submitted two consensus amendment proposals aimed at reducing the draft's projected negative impact on the state budget and improving the precision of the provisions. The leading committee decided that the second reading of the draft would be completed and it would be placed on the plenary session agenda for a third reading on December 1st, with a final vote to be taken. The central discussion also focused on one aspect of taxation related to enterprise accounts – the taxation of services provided by the owners of enterprise accounts – and its impact, as well as the need for a discussion on social security taxes. Ultimately, the second reading was completed, and the revised procedures are to be cautiously developed further.
Decisions Made 1
The two proposed amendments to the draft should be fully considered and the second reading of the draft completed; the third reading should be put on the agenda for December 4th and a final vote conducted.
Most Active Speaker
The most active speaker was the presenter of the draft, a member of the finance committee (speaking with the same formality on the second occasion). Their presentation included a detailed explanation of the impact of the proposed amendments and the content of the implementation of requirements; they represented the technical and economic aspects of the draft and answered questions. Their position is "other" (not directly left- or right-wing coalition identity), shaping the central discussion in their role as a member of the finance committee.
Aseesimees Arvo Aller
AI Summary
The focus of this agenda item is the second-reading debate of the government-initiated bill 463, which concerns the simplified taxation of business income and amendments to the Tax Procedure Act, and the rapporteur is Mart Võrklaev, a member of the Finance Committee.
Mart Võrklaev
Profiling Eesti Reformierakonna fraktsioonAI Summary
Mart Võrklaev announced that the first reading of the draft ended on September 24 and no amendment proposals were received; the committee unanimously made two amendments — the first amendment removes the company's additional corporate income tax obligation and replaces it with an obligation to pay 50% of the service fee as social tax to the entrepreneur using the business account when purchasing a service; the second fixes deficiencies in the draft text in the corporate income tax data registry provisions — and the Finance Committee recommends finishing the second reading and, if it ends, placing the draft on the plenary agenda for the third reading on December 4 and conducting the final vote.
Aseesimees Arvo Aller
AI Summary
The vice-chairman Arvo Aller asks that Aivar Kokk present a question.
Aivar Kokk
Profiling Isamaa fraktsioonAI Summary
Aivar Kokk commends the committee and asks for a brief clarification of the consensus decision, in which the Reform Party supports Isamaa and where there is talk of 40,000 and of the social tax, about which the chairwoman of the committee proposed to drop it.
Mart Võrklaev
Profiling Eesti Reformierakonna fraktsioonAI Summary
The Finance Committee has decided not to make any changes for now to the taxation of the service for the owner of a business account, and we will continue the discussion on the topic of the social tax, because changes would have affected the state budget and the impact is smaller according to current calculations.
Aseesimees Arvo Aller
AI Summary
Deputy Chairman Arvo Aller announces that there are no more questions for you.
Mart Võrklaev
Profiling Eesti Reformierakonna fraktsioonAI Summary
Mart Võrklaev simply submitted a note of thanks.
Aseesimees Arvo Aller
AI Summary
Arvo Aller announced that he would open and close negotiations, and the amendments proposed by both finance committees would be fully taken into account, after which the lead committee completed the second reading of Bill 463.