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The Riigikogu did not support imposing a temporary solidarity tax on banks

NordenBladet —

The Draft Resolution of the Riigikogu “Making a proposal to the Government of the Republic on the establishment of a temporary solidarity tax for the banking sector” (535 OE), submitted by the Estonian Centre Party Parliamentary Group, was intended to make a proposal to the Government to develop a Bill to impose a temporary solidarity tax on the Estonian banking sector for 2025–2027. According to the proposal, the tax rate would be 50 per cent of the annual profit of the bank and the funds collected would be used to fund social and educational projects as well as infrastructure and environmentally sustainable initiatives in Estonia.

Andre Hanimägi took part in the debate on behalf of the Social Democratic Party Group and Maria Jufereva-Skuratovski on behalf of the Reform Party Group, as well as Igor Taro from Estonia 200 Parliamentary Group and Lauri Laats from the Estonian Centre Party Parliamentary Group.

A majority vote of the members of the Riigikogu was needed for the Resolution to be passed. 10 members of the Riigikogu voted in favour of the Resolution. Thus the Resolution was rejected.

The Draft Resolution of the Riigikogu “Formation of the Riigikogu committee of investigation to investigate the facts relating to  the termination of the activities of Nordica” (543 OE), submitted by the Estonian Conservative People’s Party Parliamentary Group, that was on the agenda was not deliberated at the sitting because the presenter of the draft Resolution was absent.

Verbatim record of the sitting (in Estonian)

Video recording will be available to watch on the Riigikogu YouTube channel.

Riigikogu Press Service
Maiki Vaikla
+372 631 6456, +372 5666 9508
maiki.vaikla@riigikogu.ee
Questions: press@riigikogu.ee

Link uudisele: The Riigikogu did not support imposing a temporary solidarity tax on banks

Source: Parliament of Estonia

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