By Years: Aivar Sõerd

The speaker demonstrates deep technical proficiency in the fields of finance, taxation, and banking regulation. They use specific terminology (e.g., advance income tax, the 22/78 tax rate, activity-based budgeting, derivative and repo transactions) and present concrete data (e.g., banks' tax receipts, labor productivity percentages). Their reliance on forecasts from the Ministry of Finance and the European Central Bank underscores their authority in financial matters.

A high level of expertise in financial, tax, and budgetary policy, particularly regarding the transposition of European Union legislation and international taxation (e.g., minimum corporate tax). He/She utilizes technical terminology (e.g., the GloBE Directive, Euribor, advance income tax payments) and refers to specific studies and data (e.g., tax revenue collection schedules). His/Her comprehensive knowledge of the deficiencies and metrics of the activity-based budgeting system is evident.