Humbug. Yes, in Estonia, all invoices above EUR 1000 have to be declared. Bank accounts etc. do not have to be submitted and there is no real-time access. The r

Humbug. Yes, in Estonia, all invoices above EUR 1000 have to be declared. Bank accounts etc. do not have to be submitted and there is no real-time access. The reason for the law is VAT fraud that basically dropped after its introduction. No averse effects have been reported.