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Taxation and public finances

All people at work pay taxes on their earnings. Capital income is also taxed. Consumers pay value added tax (VAT) on products and services they purchase and companies remit the tax to the state. The revenue collected by central and local government consists of taxes and fees. At the same time, income transfers. services intended for citizens, and the maintenance of basic structures of society account for most of the expenditure.

Taxation

The employer deducts income tax from your earnings. Pay tax yourself on capital gains and your assets. Remember to pay the vehicle tax on your car.

Estate inventory and inheritance

An estate inventory has to be arranged within 3 months after death. You have to pay tax for property you have inherited or received as a beneficiary.