At today’s sitting, a Bill passed the first reading in the Riigikogu. Its aim is to enable non-profit associations, including trade unions, to pay support to their members exempt form income tax in order to avoid double taxation of supports with respect to taxes on income.
The explanatory memorandum to the Bill notes that, in addition, the Bill will allow for greater flexibility in the tax exemption for occupational health related costs incurred by businesses, taking into account the diversity of our business environment and the sufficiently wide range of needs, at the same time also creating greater legal clarity in the semantic field of the terms “fringe benefit” and “business-related expenses”.
The Bill on Amendments to the Income Tax Act (306 SE) was initiated by members of the Riigikogu Oudekki Loone, Lauri Läänemets, Riina Sikkut, Marika Tuus-Laul, Jaanus Karilaid, Helmen Kütt, Siret Kotka, Martin Repinski and Jaak Valge.
Oudekki Loone, who took the floor on behalf of the Centre Party Faction in the debate, said that the Bill would increase justice and solidarity in society. At the same time, she said that the Bill could be improved further and worded better in the course of its second reading.
Helir-Valdor Seeder who also took the floor in the debate moved to reject the Bill at the first reading on behalf of the Faction Isamaa. 17 members of the Riigikogu voted in favour of the motion and 36 voted against. Thus, the motion was not supported and the first reading of the Bill was concluded.
The first reading of a Bill was adjourned due to the end of the sitting
The aim of the Bill on Amendments to the Political Parties Act and the Code of Enforcement Procedure (321 SE), initiated by the Social Democratic Party Faction and Member of the Riigikogu Raimond Kaljulaid, is to increase the credibility of democratic policy by increasing the control of the transparency of the funding of political parties. For this, the Bill will specify the rights of the Political Parties Financing Surveillance Committee and will clarify the sanctions imposed for violations. For the performance of additional tasks, an increase in the budget of the Political Parties Financing Surveillance Committee will also be provided for.
During the debate, Lauri Läänemets (Social Democratic Party) and Paul Puustusmaa (Estonian Conservative People’s Party) took the floor.
Verbatim record of the sitting (in Estonian)
The video recording of the sitting will be available on the Riigikogu YouTube channel.
(Please note that the recording will be uploaded with a delay.)
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