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Annika Soom writes on cross-border taxation
Annika Soom writes on cross-border taxation
Annika Soom, international tax law expert at RASK, writes on tax liabilities arising from the internationalisation of a business for the accounting and legal news portal rup.ee. In her in-depth article, Annika provides a helpful overview of the most important factors to consider when it comes to taxation in international business.
“Cross-border business can bring both tax benefits and additional obligations – it is important to know your options and responsibilities,” Annika says, explaining the importance of the topic. “Before implementing cross-border plans, it is well worth an entrepreneur to think carefully about whether it will be more profitable to have a permanent place of business abroad or to try to avoid this, whether to hire foreign workers or occasionally post workers from Estonia instead. Doing thorough groundwork and mapping the overall picture can save a lot of time and money spent on resolving cross-border tax problems later on.”
“Cross-border business can bring both tax benefits and additional obligations – it is important to know your options and responsibilities,” Annika says, explaining the importance of the topic. “Before implementing cross-border plans, it is well worth an entrepreneur to think carefully about whether it will be more profitable to have a permanent place of business abroad or to try to avoid this, whether to hire foreign workers or occasionally post workers from Estonia instead. Doing thorough groundwork and mapping the overall picture can save a lot of time and money spent on resolving cross-border tax problems later on.”