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INVESTMENT NEWS - 22. December 2017 16:05

Changes on taxation of deposit and account interest

Next year, the taxation of accounts and deposit interests will change. Income tax will be charged on any interest payable to a resident natural person and the payer of interest will be required to withhold a 20% income tax upon payment.

However, income tax liability can be postponed with an investment account. For more information about investment accounts, visit our website at

For more informatin, please call us at 665 5100, contact us via Skype (username: seb.eesti), or send us an e-mail by choosing ‘Contact’ → ‘Letter to bank’ in the Internet Bank menu.

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