Refund of income tax

An application for refunding the income tax need not be submitted, a tax authority shall refund the overpaid income tax amount calculated on the basis of the income tax return to the taxpayer’s bank account.

The overpaid amount of the income tax shall be refunded to the person on the basis of the income tax return of a natural person in the amount calculated by a tax authority either by 3 July or in the event of gains from business or transfer of property or in the event of declaring the income derived in a foreign state by 2 October. The overpaid amount of the income tax shall be refunded by 2 October to a non-resident as well who has declared deductions in Estonia.

For the refund to a bank account in a foreign state you should put down your bank account number, full name of the bank, address, SWIFT code or BIC of the bank and IBAN code of the bank account.

When transferring the amount to a taxable person’s bank account in a foreign state, a tax authority has the right to deduct the transfer charges from the amount to be refunded.
 

15.02.2017